Lori Cook has developed the following forecasting model:
$$ \hat{y}=45.0+4.50 \mathrm{x} $$
where \(\hat{y}=\) demand for Kool Air conditioners and \(x=\) the outside temperature (degrees Fahrenheit)
a) When the temperature outside is \(70^{\circ} \mathrm{F}\), demand forecast = air conditioners (enter your response as an integer).
b) When the temperature outside is \(80^{\circ} \mathrm{F}\), demand forecas= air conditioners (enter your response as an integer).
c) When the temperature outside is \(90^{\circ} \mathrm{F}\), demand forecast = air conditioners (enter your response as an integer).
y = 45.0 + 4.50 X
a)
Demand forecast when X = 70, Y = 45.0 + 4.50 x 70 = 360
b)
Demand forecast when X = 80, Y = 45.0 + 4.50 x 80 = 405
c)
Demand forecast when X = 90, Y = 45.0 + 4.50 x 90 = 450
Lori Cook has developed the following forecasting model: $$ \hat{y}=45.0+4.50 \mathrm{x} $$ where \(\hat{y}=\) demand for...
Lori Cook has developed the following forecasting model: ModifyingAbove y with caret = 36.0 + 4.50x, where ModifyingAbove y with caret = demand for Kool Air conditioners and x = the outside temperature (degrees Fahrenheit) a) When the temperature outside is 70degrees F, demand forecast = ??? air conditioners (enter your response as an integer).