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Find the value of the linear correlation coefficient r
-The paired data below consist of the test scores of 6 randomly selected students and the number of hours they studied for the test.
Production Forecasts
Predictions about the quantity of products a company needs to produce in future periods based on expected demand.
Aggregate Forecasts
Predictions of future demand for a product or service over a specific period, compiled from individual forecasts at a more general or combined level.
Disaggregate Forecasts
Involve breaking down aggregate forecasts into more detailed and specific forecasts, often by product, location, or time period.
Collaborative Forecast
A method where multiple stakeholders work together to predict future demand or trends, often involving the sharing of information to improve accuracy.
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