Using simple linear regression analysis, calculate the regression equation for the preceding demand data. Note: Round your intercept value to 1 decimal place and slope value to 2 decimal places. Using the regression equation in d, calculate the forecast for July. Note: Round your answer to 1 decimal place.

Using simple linear regression analysis, calculate the regression equation for the preceding demand data. Note: Round your intercept value to 1 decimal place and slope value to 2 decimal places. Using the regression equation in d, calculate the forecast for July. Note: Round your answer to 1 decimal place.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter13: Regression And Forecasting Models

Section13.3: Simple Regression Models

Problem 6P: Do the sales prices of houses in a given community vary systematically with their sizes (as measured...

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	DEMAND
January	12
February	11
March	15
April	12
May	16
June	15

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