(See Solution) John Smith has developed the following forecasting model: = 36+ 4.3X1 Where = Demand for K10 air conditioners X1 = the outside temperature


Question: John Smith has developed the following forecasting model:

= 36+ 4.3X1

Where

= Demand for K10 air conditioners

X1 = the outside temperature (°F)

  1. Forecast the demand for K1 when the temperature is 70 °F.?
  2. What is the demand for a temperature of 80 °F?
  3. What is the demand for a temperature of 90 °F?

Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document

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