Instruction
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Respond to the following questions:
AMS 356:
1. List and explain the steps in creating a market research or feasibility study. Do not go into detail over forecasting, but give some explanation of how to progress through the steps.
2. Given the information below, use the least-squares method of general linear regression to predict the next three years. Explain as you progress through the example.
x y
2001 14
2002 21
2003 19
2004 18
2005 20
2006 22