Develop a linear trend equation for the following data. Then use the equation to predict the demand of period 7 and 8.Period.Demand .
Develop a linear trend equation for the following data. Then use the equation to predict the demand of period 7 and 8.
…………..Period…………..Demand
………………..1……………….120
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Order Paper Now………………..2……………….123
………………..3……………….136
………………..4……………….155
………………..5……………….157
………………..6……………….171
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Sum……………..21………………862
Sum of (Period^2):
Your answer
Sum of (Period*Demand):
Your answer
Slope:
Your answer
Intercept:
Your answer
Forecast of Period 7:
Your answer
Forecast of Period 8:
Your answer
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