Question: Question 2 options: A manager uses this equation to predict demand: Yt = 2 0 + 4 t . Over the past 8 periods, demand

Question 2 options:
A manager uses this equation to predict demand: Yt =20+4t. Over the past 8 periods, demand has been as follows:
Time t...Forecasted Demand...Actual Demand.........Error
1....................24.........................25...............
1
2....................28.........................28...............
0
3....................32.........................31...............
-1
4....................36.........................36...............
0
5....................40.........................41...............
1
6....................44.........................44...............
0
7....................48.........................47...............
-1
8....................52.........................52...............
0
Do the forecasting errors appear to be Random? Enter Yes or No
No

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