Question: Please answer questions (4-6) Question 4: Given the regression equation for patient demand (v): y = 15.6 + 0.57 satisfaction rating + 2.7 promotional expenditures,

Please answer questions (4-6)

Please answer questions (4-6) Question 4: Given

Question 4: Given the regression equation for patient demand (v): y = 15.6 + 0.57 satisfaction rating + 2.7 promotional expenditures, forecast patient demand if the Satisfaction Rating is 4.2 and $24,000 is spent on Promotional Expenditure. Question 5 (circle the correct choice): Demand forecasting that relies on subjective human inputs and judgments is called a qualitative forecasting b. quantitative forecasting c. either qualitative and quantitative forecasting d nave approach forecasting e exponential Smoothing Question 6 (circle the correct choice): Associative models assume a. a linear association between time and demand b. several variables influence demand c. only time influences demand d. that future demand is equal to the average of past demand e none of the above are correct

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