Question: POMLS Save Answer A CPA firm has been using the following equation to predict annual demand for tax audits: Yt = 55+ 4t. Demand for

POMLS Save Answer A CPA firm has been using the

POMLS Save Answer A CPA firm has been using the following equation to predict annual demand for tax audits: Yt = 55+ 4t. Demand for the past few years is shown below. Is the forecast performing as well as it might? Explain. 3. 4 5 6 Year Demand 7. 85 60 65 69 76 85 t D-F e? Demand 60 65 Forecast 63 2 67 4 2 1 -2 - 2 + 1 +6 69 76 85 85 5 6 71 75 79 83 36 4

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