Question

Questions
Discurs the various forecasts used in business.
1) The manager of a warehouse distribution centre would like to determine the demand for
items in the centre in order to decide on the size of a new layout. Use a simple regression model to forecast the demand for year 13.
Table:
Period Demand
1. 50.7
2. 55.4
3. 59.6
4. 61.0
5. 58.0
6. 60.5
7. 66.0
8. 70.5
9. 77.8
10. 87.6
11. 94.8
12. 100.7
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Answer 1

Answer:

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