Demand for oil changes at garcias garage has been as, Ask an Expert

Management Studies

Demand for oil changes at? Garcia's Garage has been as? follows:

Month Number of Oil Changes

January 38

February 41

March 49

April 48

May 54

June 56

July 58

August 69

Use simple linear regression analysis to develop a forecasting model for monthly demand. In this? application, the dependent? variable, Y, is monthly demand and the independent? variable, X, is the month. For? January, let Xequals ?1; for? February, let Xequals ?2; and so on.

The forecasting model is given by the equation Y= ___ + ____ X. ?(Enter your responses rounded to two decimal? places.)

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92274467

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