Question: 2. Caf Michigan's manager, Gary Stark suspects that demand for mocha latte coffees depends on the price being charged. Based on historical observations Gary has

2. Caf Michigan's manager, Gary Stark suspects

2. Caf Michigan's manager, Gary Stark suspects that demand for mocha latte coffees depends on the price being charged. Based on historical observations Gary has gathered the following data, which show the numbers of these coffees sold over six different price values: Price $2.70 $3.50 $2.00 $4,20 $3,10 $405 Number Sold 760 510 980 250 320 480 Using simple linear regression and given that the price per cup is $2.80 the forecasted demand for mocha latte coffees will be cups (enter your response rounded to one decimal place) 1. Definition Determine the slope and intercept for the best-fit trend line

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