Question: Pane arch 2. [2 pts] Caf Michigan's manager, Gary Stark, suspects that demand for mocha latte coffees depends on the price being charged. Based on

Pane arch 2. [2 pts] Caf Michigan's manager, Gary
Pane arch 2. [2 pts] Caf Michigan's manager, Gary Stark, suspects that demand for mocha latte 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: me follow ema McDong Price Number Sold $2.50 770 $3.60 505 $2.10 980 $4.30 245 $3.10 315 $4.05 475 Using linear regression and given that the price per cup is $1.80, the forecasted demand for mocha latte coffees will be cups (enter your response rounded to one decimal place). 3. [2 pts) Consider the following actual and forecast demand levels for Big Mac hamburgers at a local McDonald's restaurant: Day Actual Demand Forecast Demand Monday 88.00 88.00 I Tuesday 73.00 88.00 Wednesday 70.00 83.50 Thursday 52.00 79.45 Friday ? The forecast for Monday was derived by observing Monday's demand level and setting Monday's forecast level equal to this demand level. Subsequent forecasts were derived by using exponential smoothing with a smoothing constant of 0.30. Using this exponential smoothing method, the forecast for Big Mac demand for Friday is Big Macs (round your response to ono decimal place). Sunquanto Hat demand for answer helpful

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