Lori Cook has developed the following forecasting model: = 36 + 4.3x where = demand
Question:
Lori Cook has developed the following forecasting model: ŷ = 36 + 4.3x where ŷ = demand for Kool Air conditioners and x =5 the outside temperature (° F)
a). Forecast demand for the Kool Air when the temperature is 70° F.
b). What is demand when the temperature is 80° F?
c). What is demand when the temperature is 90° F?
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Given Y 36 43 X a X ...View the full answer
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