Question: Using the Least Squares Method of linear regression, calculate the demand forecast for the next four periods (Periods 19-22) using the information shown below. Please
- Using the Least Squares Method of linear regression, calculate the demand forecast for the next four periods (Periods 19-22) using the information shown below. Please Show Work
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| Week Number | ||||||||
|
| 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 |
| Cases Shipped | 2,500 | 2,650 | 2,325 | 2,200 | 2,700 | 2,750 | 2,900 | 2,850 | 2,925 |
- Y-intercept = 2,350
- Slope = 35
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