Question: Caf Michigan's manager, Gary Stark, suspects that demand for mocha latte coffees depends o n the price being charged. Based o n historical observations, Gary
Caf Michigan's manager, Gary Stark, suspects that demand for mocha latte coffees depends the price being charged. Based historical observations, Gary has gathered the following data, which show the numbers these coffees sold over six different price values:
Price
Number Sold
$
$
$
$
$
$
Part
Using
simple linear regression
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and given that the price per cup
$
the forecasted demand for mocha latte coffees will
enter your response here
cups your response rounded one decimal place
::: nanager, Gary Stark, suspects that demand for mocha latte coffees depends the price being charged. Based historical observations, Gary has gathered the following data, which show the
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coffees sold over six different price values:
Using simple linear regression and given that the price per cup $ the forecasted demand for mocha latte coffees will
cups your response rounded one decimal place
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