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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
....................2...................123
....................3...................136
....................4...................155
....................5...................157
....................6...................171
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Sum.................21..................862
Sum of (Period^2):
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Sum of (Period*Demand):
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Slope:
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Intercept:
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Forecast of Period 7:
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Forecast of Period 8:
Your answer
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