Based on historical? observations

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?Café 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: Price Number sold $2.70 760 $3.60 510 $2.10 990 $4.30 245 $3.00 315 $4.00 $480 Using simple linear regression LOADING... and given that the price per cup is ?$1.751.75?, the forecasted demand for mocha latte coffees will be nothing cups ?(enter your response rounded to one decimal? place).

Reference no: EM131245965

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Based on historical? observations : ?Café 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 d..
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