The owner of Darkest Tans Unlimited in a local mall is forecasting this month's (October's) demand for the one new tanning booth based on the following historical data:    Month Number of Visits April 100 May 140 June 110 July 150 August 120 September 160    What is this month's forecast using the least squares trend line for these data?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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The owner of Darkest Tans Unlimited in a local mall is forecasting this month's (October's) demand for the one new tanning booth based on the following historical data:
  

Month Number of Visits
April 100
May 140
June 110
July 150
August 120
September 160

  
What is this month's forecast using the least squares trend line for these data?

What is this month's forecast using the least squares trend line for these data?
Multiple Choice
O
O
O
102
164
158
1,250
128.6
Transcribed Image Text:What is this month's forecast using the least squares trend line for these data? Multiple Choice O O O 102 164 158 1,250 128.6
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