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The Business Analyst for Video Sales, Inc What Is the Forecast for This Year Using the Least

question 154

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The business analyst for Video Sales, Inc. wants to forecast this year's demand for DVD decoders based on the following historical data:  Year  Demand  5 years ago 900 4 years ago 700 3 years ago 600 2 years ago 500 Last year 300\begin{array} { l l } \text { Year } & \text { Demand } \\\hline \text { 5 years ago } & 900 \\\text { 4 years ago } & 700 \\\text { 3 years ago } & 600 \\\text { 2 years ago } & 500 \\\text { Last year } & 300\end{array} What is the forecast for this year using the least squares trend line for these data?


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