Demand for oil changes at Garcia's Garage has been as follows: Month Number of Oil Changes January 41 February 46 March 57 April May 52 59 June 51 July August 60 62 a. Use simple linear regression analysis to develop a forecasting model for monthly demand. b. Use the model to forecast demand for September, October, and November respectively

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Demand for oil changes at Garcia's Garage has been as follows:
Month
Number of Oil Changes
January
February
March
41
46
57
April
May
52
59
June
51
July
60
August
62
a. Use simple linear regression analysis to develop a forecasting model for monthly demand.
b. Use the model to forecast demand for September, October, and November respectively
Transcribed Image Text:Demand for oil changes at Garcia's Garage has been as follows: Month Number of Oil Changes January February March 41 46 57 April May 52 59 June 51 July 60 August 62 a. Use simple linear regression analysis to develop a forecasting model for monthly demand. b. Use the model to forecast demand for September, October, and November respectively
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