The following are historical demand data: YEAR 2 years ago last year SEASON Spring Summer Fall Winter Spring Summer Fall Winter ACTUAL DEMAND 203 144 382 565 Forecast for this summer's demand 471 271 686 955 Use regression analysis and seasonal indexes to forecast this summer's demand. Note: Do not round intermediate calculations. Round your answer to the nearest whole number.

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter4: Estimating Demand
Section: Chapter Questions
Problem 5E
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Q22 please help me 

The following are historical demand data:
YEAR
2 years ago
last year
SEASON
Spring
Summer
Fall
Winter
Spring
Summer
Fall
Winter
ACTUAL
DEMAND
203*
144
382
565
471
271
686
955
Use regression analysis and seasonal indexes to forecast this summer's demand.
Note: Do not round intermediate calculations. Round your answer to the nearest whole number.
Forecast for this summer's demand
Transcribed Image Text:The following are historical demand data: YEAR 2 years ago last year SEASON Spring Summer Fall Winter Spring Summer Fall Winter ACTUAL DEMAND 203* 144 382 565 471 271 686 955 Use regression analysis and seasonal indexes to forecast this summer's demand. Note: Do not round intermediate calculations. Round your answer to the nearest whole number. Forecast for this summer's demand
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