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Question: Using the following chart:

Year	Orders unisex raincoats
2001	150
2003	158
2005	165
2007	180
2009	195
2012	207
2014	215
2015	222

a) Compute the projected demand for unisex raincoats for 2016 assuming it will rain using the least squares trend equation. You must show the formulas used and all calculations.

b) Kim wants to know the error related to the projected number of riders ordering unisex raincoats. Calculate the standard error of the regression computed in part a and the standard error to project a probability for a range of jerseys ordered. You must show all the formulas used and all calculations.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92727729

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