Question

Demand for Y is shown in the table. Develop a forecast using a trend line. What...

Demand for Y is shown in the table. Develop a forecast using a trend line. What is the forecast for period 10?

Period Y
1 28
2 42
3 49
4 74
5 78
6 93
7 115
8 129
Math   Statistics-And-Probability   
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Answer #1

from above

a forecast using a trend line ; forecast for period 10 :

predicted value=11.2857+10*14.3810= 155.095
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