Question: Problem 4.39 Given the following data, use least-squares regression to derive a trend equation: O 1 2 3 4 5 6 Period Demand 8 10

Problem 4.39 Given the following data, use

Problem 4.39 Given the following data, use least-squares regression to derive a trend equation: O 1 2 3 4 5 6 Period Demand 8 10 5 8 7 15 The least-squares regression equation that shows the best relationship between demand and period is (round your responses to two decimal places): = 5.93 + 83 x where y = Demand and x = Period. What is your estimate of the demand in period 7? Estimated demand in period 7 is (round your response to two decimal places)

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