Prepare a forecast using linear regression

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Consider the demand for trading cards listed below.

Month            Demand

Jan.               55,000

Feb.               49,000

March             59,000

April               68,000

May               76,000

June              69,000

July               82,000

Aug.              94,000

Sep.             101,000

Use Excel to prepare a forecast for October, November, and December using linear regression. Print out the sheet of results, as well as a sheet containing the formulas that you used (<CTRL> ` can be used to toggle between displaying values and displaying formulas; or you can click on Formulas-->Formula Auditing-->Show Formulas.)

Reference no: EM131858483

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