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. show
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. show work
| 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 | 2,580 | 2,925 |
Y-intercept = 2,530
Slope = 35
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