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ANLY 620: Interpreting the regression coefficient

ANLY 620: Interpreting the regression coefficient

For the data listed below,
1) Use the TREND function in Excel to create a forecast for Month 11.
2a) Use LINEST function in Excel to create a forecast for Month 11.
b) Interpret the regression coefficient and comment on R-squared value.
Month
Number of units produced
1.   1456
2.   1329
3.   7351
4.   5952
5.   4229
6.   6588
7.   8584
8.   13035
9.   11891
10.  8324

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