John nbspsmith has developed the following forecasting, Ask an Expert

Statistics

John Smith has developed the following forecasting model:

Y=36+4.3X

where

Y=Demand for K10 air conditioners

X=the outside temperature (F)

(a) Forecast the demand for K10 when the temperature is 70 degrees F?

(b) What is the demand for a temperature of 80 degrees F?

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Applied Statistics, Statistics

Category:- Applied Statistics
Reference No.:- M91419324

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