ISOM 201 Assignment 5
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Individual Assignment
Answer Discussion Questions 1 through 7 and the following Problems from Chapter 4. In
responding to Discussion Questions, try to use your own words.
Problems: 9, 13, 17, 19, 25
Note: You can use Excel or paper and calculator to solve these problems.
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REGRESSlON MC
Problems
9 John Smith has developed the following forecasting
model:
if == 36 + 4.3X1
where
l}; == Demand for K10 air conditioners
X1 = the outside temperature (°F)
(a) Forecast the demand for KlO when the tempera-
ture is 70°F.
(b) What is the demand for a temperature of 80°F?
7 (c) What is the demand for a temperature of 90°F?
3@/ The operations manager of a musical instrument
K/ distributor feels that demand for a particular type
of guitar may be related to the number of YouTube
views for a music Video by the popular rock group
Marble Pumpkins during the preceding month. The
tnanager has collected the data shown in the follow-
lng table:
YouTube GUITAR
VIEWS (1,00os) SALES
30 8
40 11
