Given the following data, use least-squares regression to derive a trend equation: Period Demand 1 8 where y Demand and x= Period. 2 10 3 8 4 6 5 7 6 11 D 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
The least-squares regression equation that shows the best relationship between demand and period is (round your responses to two decimal places):
where y Demand and x= Period.
1
8
2
10
3
+4
8 6
5
7
6
11
Transcribed Image Text:Given the following data, use least-squares regression to derive a trend equation: Period Demand The least-squares regression equation that shows the best relationship between demand and period is (round your responses to two decimal places): where y Demand and x= Period. 1 8 2 10 3 +4 8 6 5 7 6 11
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