Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows:
MONTH January February March April May May June June July July August September October November December
DEMAND (UNITS) 4,210 4,310 4,010 4,410 5.010 4.710 5.310 4.910 5,410 5,710 6,310 6,010
aUsing linear regression analysis, what would you estimate demand to be for each month next year?
(Do not round intermediate calculations. Round your answers to 2 decimal places.)
