Question: Question 1 ( 3 points ) 4 - 9 ( a ) . John Smith has developed the following forecasting model: hat ( Y )

Question 1(3 points)
4-9(a). John Smith has developed the following forecasting model: hat(Y)=36+4.3x1
where
hat(Y)= demand for K10 air conditioners
x1= the outside temperature (*F)
a. Forecast the demand for K10 when the temperature is 70F.
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 Question 1(3 points) 4-9(a). John Smith has developed the following forecasting

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