Question: You are a demand planner and use linear regression to forecast daily demand of a product. The regression that you develop has the following equation:

You are a demand planner and use linear regression to forecast daily demand of a product.
The regression that you develop has the following equation:
Forecast =2700-260** Demand Period
where the demand period is measured in days.
Using this equation, the forecast for the next period will be:
a 2700 units higher
b 260 units higher
c 2440 units lower
d 260 units lower
e 2960 units higher
You are a demand planner and use linear regression to forecast

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