Question: Slove by hand . production planning and inventory . Problem # 3 : Shoreline Park in Mountain View, California, has kept close tabs on the
Slove by hand production planning and inventory Problem #:
Shoreline Park in Mountain View, California, has kept close tabs on the number of patrons using the park since its opening in January For the first six months of the following figures were recorded:
tableMonthNumber of Patrons,Month,Number of PatronsJanuaryApril,FebruaryMay,MarchJune,
a Draw a graph of these six data points. Assume that January period February period and so on Using a ruler, "eyeball" the best straightline fit of the data. Estimate the slope and intercept from your graph.
b Compute the exact values of the intercept a and the slope from the regression equations.
c What are the forecasts obtained for July through December from the regression equation determined in part
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