The manager of Sarahs Ice Cream store needs an accurate forecast of the demand for ice cream.
Question:
a. Develop a linear regression model for this data and forecast the ice cream consumption if the average weekly daytime temperature is expected to be 80.
b. Determine the strength of the linear relationship between temperature and ice cream consumption usingcorrelation.
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Related Book For
Operations Management Creating Value Along the Supply Chain
ISBN: 978-0470525906
7th Edition
Authors: Roberta S. Russell, Bernard W. Taylor
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