(Solution) - Develop a simple linear regression model based on the following -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 5 Words: 1375

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Develop a simple linear regression model based on the following 12 periods of historical data. Then compute the forecast for the next five periods
Period a t
1??????????? 557
2??????????? 546
3??????????? 566
4??????????? 562
5??????????? 582
6??????????? 566
7??????????? 565
8??????????? 579
9??????????? 589
10?????????? 608
11?????????? 580
12?????????? 603