Explain is forecast performing as well as it may

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Reference no: EM1376531

Q. A CPA firm has been using subsequent equation to predict annual demand for tax audits:

Yt = 55 + 4t. Demand for past few years is shown below. Is forecast performing as well as it may? Explain.

Year 2 3 4 5 6 7
Demand 60 65 69 76 85 85

Reference no: EM1376531

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