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

Caf Michigan's manager, Gary Stark, suspects that
Caf Michigan's manager, Gary Stark, suspects that
Caf Michigan's manager, Gary Stark, suspects that demand for mocha lutte 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 Number Sold $2.70 765 $3.60 505 $2.00 990 3430 245 $3.00 $4.10 475 Using simple inear regression and given that the price per cup is $1.75, the forecasted demand for mocha latte coffees will be cups (entor your response rounded to one decimal place! The following are monthly actual and forecast demand levels for May through December for units of a product manufactured by the D. Bishop Company in Des Moines: June Month Actual Demand May 105 82 110 August 118 September 105 October 114 November 125 December 125 For the given forecast, the tracking signal = MADA (round your response to two decimal places). Forecast Demand 100 104 101 104 100 106 105 111

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