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Brian Buckley has developed the followingforecasting model: Forecast demand for

ID: 2444831 • Letter: B

Question

Brian Buckley has developed the followingforecasting model:

Forecast demand for the Aztec when thetemperature is 70°F.

Round your answer to the nearest wholenumber; for example,123 .

What is demand when the temperature is80°F?

Round your answer to the nearest wholenumber; for example,123 .

What is demand when the temperature is90°F?

Round your answer to the nearest wholenumber; for example,123 .

Brian Buckley has developed the followingforecasting model:

where = demand for Aztec air conditionersand = the outside temperature (°F) (a)

Forecast demand for the Aztec when thetemperature is 70°F.

Round your answer to the nearest wholenumber; for example,123 .

(b)

What is demand when the temperature is80°F?

Round your answer to the nearest wholenumber; for example,123 .

(c)

What is demand when the temperature is90°F?

Round your answer to the nearest wholenumber; for example,123 .

Explanation / Answer

Forecasting Model Y = 44 + 8.3x a Forecasted demand for the Aztec when the temperature is 70degrees F Y = 44 + 8.3 ( 70 )    = 44 + 581    = 625 b Forecasted demand for the Aztec when the temperature is 80degrees F Y = 44 + 8.3 ( 80 )    = 44 + 664    = 708 c Forecasted demand for the Aztec when the temperature is 90degrees F Y = 44 + 8.3 ( 90 )    = 44 + 747    = 791

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