Given the following data, use least-squares regression to derive a trend equation: 1 3 Period Demand 8 where y = Demand and x = Period. 2 9 7 4 8 5 9 6 13 The least-squares regression equation that shows the best relationship between demand and period is (round your responses to two decimal places):

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Given the following data, use least-squares regression to derive a trend equation:
Period
Demand
1
8
where y = Demand and x = Period.
2
9
3
7
4
8
5
9
O
6
13
The least-squares regression equation that shows the best relationship between demand and period is (round your
responses to two decimal places):
>=0+0x.
Transcribed Image Text:Given the following data, use least-squares regression to derive a trend equation: Period Demand 1 8 where y = Demand and x = Period. 2 9 3 7 4 8 5 9 O 6 13 The least-squares regression equation that shows the best relationship between demand and period is (round your responses to two decimal places): >=0+0x.
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