Lori Cook has developed the following forecasting model: ModifyingAbove y with carety = 36.036.0 + 4.304.30x,...
Lori Cook has developed the following forecasting model:
ModifyingAbove y with carety
=
36.036.0
+
4.304.30x,
where
ModifyingAbove y with carety
= demand for Kool Air conditioners and
x = the outside temperature (degrees Fahrenheit)
a) When the temperature outside is
7070degrees°
F, demand forecast =
nothing
air conditioners (enter your response as an integer).
b) When the temperature outside is
8080degrees°
F, demand forecast =
nothing
air conditioners (enter your response as an integer).
c) When the temperature outside is
9090degrees°
F, demand forecast =
nothing
air conditioners (enter your response as an integer).
Homework Answers
a) y = 36 + 4.3*X
X is the outside temperature
When X = 70°F
y = 36 + 4.3*70
= 337 Air conditioners
b) When X = 80°F
y = 36 + 4.3*80
= 380 Air conditioners
c) When X = 90°F
y = 36 + 4.3*90
= 423 Air conditioners
Add Answer to:
Lori Cook has developed the following forecasting model:
ModifyingAbove y with carety
=
36.036.0
+
4.304.30x,...
Lori Cook has developed the following forecasting model: ModifyingAbove y with caret = 36.0 + 4.50x,...
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).
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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).
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