Question: 6 4 points A company hires you to develop a linear regression forecasting model. Based on the company's historical sales information, you determine the intercept

64 points
A company hires you to develop a linear regression forecasting model. Based on the company's historical sales information, you determine the intercept value of the model to be 1,200. You also find the slope value is minus 50. If, after developing the model, you would like to forecast time period, t=10, which of the following is the resulting forecast value for t=10 using this model?
6 4 points A company hires you to develop a

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