Question: lestion 2: Forecasting (15 Points The manager of Sears located at Metrotown center wants to forecast the number of customers who will visit the store
lestion 2: Forecasting (15 Points The manager of Sears located at Metrotown center wants to forecast the number of customers who will visit the store in the first few days after the grand opening per day to determine the number of on-site employee and their time schedule. The Director has used linear regression analysis and found out that the number of customers can be modelled by: Y = -5.75 x + 213 a. Interpret the value 213 in this case/scenario (4 points). b. Interpret the value -5.75 in this case/scenario (4 points). c. How many customers should they expect 10 days after the grand opening? (4 points) d. Is there any limitation to this model? (3 points) 10 minutes on slide
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