Question: We are using Simple Linear Regression to forecast demand (i.e., the model is an equation for a straight line). The intercept of the line is
We are using Simple Linear Regression to forecast demand (i.e., the model is an equation for a straight line). The intercept of the line is 28, and the slope is 5.5. What is the forecast for period 11? Type in your answer below. Round to 1 decimal place
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