Use Simple Linear Regression (excel) on the table below. What is the MAD? Period Month Demand...

Use Simple Linear Regression (excel) on the table below. What is the MAD?

Period	Month	Demand
37	January	7077
38	February	7050
39	March	5430
40	April	5475
41	May	5504
42	June	6246
43	July	6361
44	August	6358
45	September	6379
46	October	6430
47	November	6720
48	December	7107

Expert Solution

Running the linear regression in excel, I get the following output:

MAD - 5150

Here are the inputs required:

Please do upvote if you are satisfied! Let me know in the comments if anything is not clear. I will reply ASAP!

orchestra answered 3 years ago

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