Question: =4-9 John Smith has developed the following forecasting model: Y X = + 36 4 3. 1 where Y = Demand for K10

=4-9 John Smith has developed the following forecasting model:

ˆ

Y X = + 36 4 3. 1 where

ˆ

Y = Demand for K10 air conditioners X1 = the outside temperature (°F)

(a) Forecast the demand for K10 when the temperature is 70°F.

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

(c) What is the demand for a temperature of 90°F?

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