Question

The Microprocessor data shows the demand for one type of chip used in industrial equipment from a small manufacturer. . Construct a chart of the data. What appears to happen when

a new chip is introduced? Develop a regression model to forecast demand that includes both time and the introduction of a new chip as explanatory variables. • 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?