Question: The supply chain manager believes there is a linear relationship between demand and time and decides to use a regression analysis method to forecast the

The supply chain manager believes there is a linear relationship between demand and time and decides to use a regression analysis method to forecast the demand. Determine the regression equation for the given data. Clearly identify the dependent variable, independent variable, slope and intercept. Discuss whether regression analysis is appropriate or not to forecast demand in this situation. Provide your reasons.

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