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A Firm Has Been Using the Following Equation to Predict

Question 152

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A firm has been using the following equation to predict annual demand for helix gears:
Yt = 55 + 4t
Demand for the past few years is shown below.Is the forecast performing as well as it might?
Explain.
A firm has been using the following equation to predict annual demand for helix gears: Y<sub>t</sub> = 55 + 4t Demand for the past few years is shown below.Is the forecast performing as well as it might? Explain.

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