Question: Support the regression equation for the linear trend demand forecast is as follows: Demand = 414+0.5*year. Use the equation to forecast the demand for 2022.

Support the regression equation for the linear trend demand forecast is as follows: Demand = 414+0.5*year. Use the equation to forecast the demand for 2022.

(keep two decimal points, your answer is considered as correct if it is with +/- 0.02 from the accurate solution)

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