Question: o Problem 4.45 Cale Michigan's manager, Gary Stark, spects that demand for mocha latte coffees depends on the price being charged. Based on relations, Gary

o Problem 4.45 Cale Michigan's manager, Gary
o Problem 4.45 Cale Michigan's manager, Gary
o Problem 4.45 Cale Michigan's manager, Gary
o Problem 4.45 Cale Michigan's manager, Gary
o Problem 4.45 Cale Michigan's manager, Gary Stark, spects that demand for mocha latte coffees depends on the price being charged. Based on relations, Gary has gathered the flowing data which show the numbers of these cool over six ferent price values Price $260 $3.50 $2.10 $4.10 $300 4.00 Using more and given that the price per cup is $1.30, the forecasted demand for mocha lutte coffees will be NumberSold 775 505 100 240 320 cupru sunded to one del Problem 4.45 Caf Michigan's manager, Gary Stark, suspects that demand for mocha latte coffees depends on the price being charged. Based on historical observations over six different price values: Price $2.60 $3.50 $2.10 $4.10 $3.00 $4.00 Number Sold 770 505 990 240 320 475 Using simple linear regression and given that the price per cup is $1.80, the forecasted demand for mocha latte coffees will be cups (enter your respons Question Help on the price being charged. Based on historical observations, Gary has gathered the following data, which show the numbers of these coffees sold Price $2.60 $3.50 $2.10 $4.10 $3.00 $4.00 Number Sold 770 505 990 240 320 475 nd for mocha latte coffees will be cups (enter your response rounded to one decimal place) $2.60 $3.50 $2.10 $4.10 $3.00 $4.00 770 505 990 240 320 475 ..80, the pne decimal pla Definition Determine the slope and intercept for the best fit trend-line. Print Done

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