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    Forecasting Aztec Temperatures Using a Modelling Equation

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    Brian Buckley has developed the following forecasting model:

    y = 46 + 8.3x

    where y demand for Aztec air conditioners and
    x = the outside temperature (°F)

    a) Forecast demand for the Aztec when the temperature is 70°F.

    b) What is demand when the temperature is 80°F?

    c) What is demand when the temperature is 90°F?

    Round your answers to the nearest whole number; for example.

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    Solution Preview


    Please see response to your posting as follows.
    The forecasting equation is
    y = 46 + 8.3*x, where x is the outside ...

    Solution Summary

    Solution contains forecasting equation and calculations of demand for the Aztec at various temperature.