Question: Caf Michigan's manager , Gary Stark , suspects that demand for mocha latte coffees depends on the price being charged. Based on historical observations ,
Caf Michigan'smanager GaryStark suspects that
demand for mocha latte coffees depends on the price being charged.
Based on historicalobservations Gary has gathered the
followingdata which show the numbers of these coffees sold
over six different pricevalues:
PriceNumber Sold$$$$$$Using simple linear regression and given that the price per cup
is $ the forecasted demand for mocha latte coffees will
becups enter your response rounded to one
decimalplace
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