3/28/2021 Chip Demand Data Month New Chip Introduced Demand 1 4004 3599 3 6193 4 7807 5. 10755 6. 7821 7 5537 8. 8844 9 7381 10 1 13158 11 8724 12 7274 13 7511 14 14616 15 9799 16 8619 17 12269 18 1...

9 solve for B & C ( see pictures)

Extracted text: 3/28/2021 Chip Demand Data Month New Chip Introduced Demand 1 4004 3599 3 6193 4 7807 5. 10755 6. 7821 7 5537 8. 8844 9 7381 10 1 13158 11 8724 12 7274 13 7511 14 14616 15 9799 16 8619 17 12269 18 1 19075 19 14806 20 14324 21 14951 22 15414 23 16582 24 17084


Extracted text: The accompanying data shows the demand for one type of chip used in industrial equipment from a small manufacturer. a. Construct a chart of the data. What appears to happen when a new chip is introduced? b. Develop a causal regression model to forecast demand that includes both time and the introduction of a new chip as explanatory variables. c. What would the forecast be for the next month if a new chip is introduced? What would it be if a new chip is not introduced? E Click here to view the demand data a. Construct a chart of the data. Select the correct chart. Click here to view chart a. Click here to view chart d. Click here to view chart c. Click here to view chart b. What appears to happen when a new chip is introduced? Select the correct choice below. A. As new chips are introduced, the demand spikes. OB. There is no discernible pattern between new chips being introduced and demand. OC. As new chips are introduced, the demand increases slightly then levels off. OD. As new chips are introduced, the demand decreases. b. Develop a causal regression model to forecast demand that includes both time and the introduction of a new chip as explanatory variables. Demand =+(O)• month + (Type integers or decimals rounded to three decimal places as needed.) ( New Chip Introduced