Business, 26.02.2020 05:43 nick4524

Given the following data, create a Trend Projection with Least Squares Analysis. Compute the slope and intercept of the line. Use the Slope and Intercept data to project demand for 2020. Hint: You need to change the Data to reflect the more recent years:

Forecast Year Data Server Demand
2011 91
2012 101
2013 85
2014 99
2015 147
2016 180
2017 137

1. What is the equation of the line: Slope and intercept?
2. Project the demand for 2018, using x=8 (since we are forecasting for the next period, period 8)
3. Boston Data Servers received a call, confirming that Amazon is moving to Boston. They need to revise the new demand for 2017 to 300 units.
4. What is the new equation of the line: slope and intercept?
5. Project the Demand with the revised projection, using x=8
6. To evaluate the model we compare the historical demand and the trend line. Please comment on your personal findings.

Answers: 3

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Given the following data, create a Trend Projection with Least Squares Analysis. Compute the slope a...

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