Question: Problem 1 Question Help Demand for oil changes at Garcia's Garage has been as follows: Month January February March April May June July August Number

Problem 1 Question Help Demand for oil changes at

Problem 1 Question Help Demand for oil changes at Garcia's Garage has been as follows: Month January February March April May June July August Number of Oil Changes 38 44 53 43 62 58 69 71 a. Use simple linear regression analysis to develop a forecasting model for monthly demand. In this application, the dependent variable, Y, is monthly demand and the independent variable, X, is the month. For January, let X= 1; for February, let X= 2; and so on. The forecasting model is given by the equation Y = +x. (Enter your responses rounded to two decimal places.)

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