A regression analysis between sales (in $1000s) and price (in dollars) resulted in the following equation: ŷ = 50,000 − 8x The above equation implies that an increase of _____. a. $8 in price is associated with an increase of $8,000 in sales b. $1 in price is associated with a decrease of $8,000 in sales c. $1 in price is associated with a decrease of $42,000 in sales d. $1 in price is associated with a decrease of $8 in sales

Answers

Answer 1

Answer:

b. $1 in price is associated with a decrease of $8,000 in sales

Step-by-step explanation:

Linear function:

A linear function has the following format:

[tex]y = mx + b[/tex]

In which m is the slope, which represents by how much y changes when x changes by 1.

ŷ = 50,000 − 8x

This means that [tex]m = -8[/tex], in thousands of dollars, so when the price x increases by 1, the sales will be decrease by $8,000, and thus, the correct answer is given by option b.

Answer 2

The equation implies that an increase (b) $1 in price is associated with a decrease of $8,000 in sales

The regression equation is given as:

[tex]\^y= 50000 - 8\^x[/tex]

A linear regression equation is represented as:

[tex]\^y= b_o+ b_1\^x[/tex]

Where:

b1 represents the slope or the unit rate of the equation

By comparison:

[tex]b_1 =-8[/tex]

Because the value of b1 is negative;

Then it means that, the unit rate represents a decrement

Hence, the equation implies that (b) $1 in price is associated with a decrease of $8,000 in sales

Read more about regression equations at:

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Related Questions

Circle Theorems 1! need help

Answers

Answer:

45°

Step-by-step explanation:

<lmk=90°

angles in a triangle add up to 180

45+90+<o=180

<o=180-135

<o=45

Answer:

∠ O = 45°

Step-by-step explanation:

The angle between the tangent and the radius at the point of contact is 90°

The sum of the 3 angles in Δ OML is 180° , then

∠ O = 180° - (90 + 45)° = 180° - 135° = 45°

insert a digit in place of each ... to make a number that is divisible by 6
4 . . . 6

Answers

Answer:

2

Step-by-step explanation:

A university dean is interested in determining the proportion of students who receive some sort of financial aid. Rather than examine the records for all students, the dean randomly selects 200 students and finds that 118 of them are receiving financial aid. If the dean wanted to estimate the proportion of all students receiving financial aid to within 1% with 90% reliability, how many students would need to be sampled

Answers

Answer:

6546 students would need to be sampled.

Step-by-step explanation:

In a sample with a number n of people surveyed with a probability of a success of [tex]\pi[/tex], and a confidence level of [tex]1-\alpha[/tex], we have the following confidence interval of proportions.

[tex]\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]

In which

z is the z-score that has a p-value of [tex]1 - \frac{\alpha}{2}[/tex].

The margin of error is:

[tex]M = z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]

The dean randomly selects 200 students and finds that 118 of them are receiving financial aid.

This means that [tex]n = 200, \pi = \frac{118}{200} = 0.59[/tex]

90% confidence level

So [tex]\alpha = 0.1[/tex], z is the value of Z that has a p-value of [tex]1 - \frac{0.1}{2} = 0.95[/tex], so [tex]Z = 1.645[/tex].

If the dean wanted to estimate the proportion of all students receiving financial aid to within 1% with 90% reliability, how many students would need to be sampled?

n students would need to be sampled, and n is found when M = 0.01. So

[tex]M = z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]

[tex]0.01 = 1.645\sqrt{\frac{0.59*0.41}{n}}[/tex]

[tex]0.01\sqrt{n} = 1.645\sqrt{0.59*0.41}[/tex]

[tex]\sqrt{n} = \frac{1.645\sqrt{0.59*0.41}}{0.01}[/tex]

[tex](\sqrt{n})^2 = (\frac{1.645\sqrt{0.59*0.41}}{0.01})^2[/tex]

[tex]n = 6545.9[/tex]

Rounding up:

6546 students would need to be sampled.

Lolz please help me I would gladly appreciate it

Answers

Pentagon has sum of 540°

Has the sum of 540 degrees

A box contains 5 white balls, 3 black balls, and 2 red balls.A-What is the probability of drawing a white ball?B- How many white balls must be added to the box so that the probability of drawing a white ball is 3/4?C-How many black balls must be added to the original assortment so that the probability of drawing a white ball is 1/4?

Answers

Answer:

[tex](a)\ P(White) = \frac{1}{2}[/tex]

(b) 10 additional white balls

(c) 10 additional black balls

Step-by-step explanation:

Given

[tex]White = 5[/tex]

[tex]Black =3[/tex]

[tex]Red = 2[/tex]

Solving (a): P(White)

This is calculated as:

[tex]P(White) = \frac{White}{Total}[/tex]

[tex]P(White) = \frac{5}{5+3+2}[/tex]

[tex]P(White) = \frac{5}{10}[/tex]

[tex]P(White) = \frac{1}{2}[/tex]

Solving (b): Additional white balls, if [tex]P(White) = \frac{3}{4}[/tex]

Let the additional white balls be x

So:

[tex]P(White) = \frac{White+x}{Total+x}[/tex]

This gives:

[tex]\frac{3}{4} = \frac{5+x}{10+x}[/tex]

Cross multiply

[tex]30+3x = 20 + 4x[/tex]

Collect like terms

[tex]4x - 3x = 30 - 20[/tex]

[tex]x = 10[/tex]

Hence, 10 additional white balls must be added

Solving (c): Additional black balls, if [tex]P(White) = \frac{1}{4}[/tex]

Let the additional black balls be x

So:

[tex]P(White) = \frac{White}{Total+x}[/tex]

So, we have:

[tex]\frac{1}{4} = \frac{5}{10+x}[/tex]

Cross multiply

[tex]10+x = 5 * 4[/tex]

[tex]10+x = 20[/tex]

Collect like terms

[tex]x = 20 -10[/tex]

[tex]x = 10[/tex]

Hence, 10 additional black balls must be added

14. The Elizabeth Tower is 320 feet tall. At what time or times during your ride on the London Eye are you at the same height as the top of the tower? Show your work. (4 points: 2 points for finding the correct time(s), 2 points for work shown)

Answers

Answer:

Ok so on a clock there is 12 numbers where 12 is on top so at 12 am and 12 pm noon and midnight you will be at the top of the clock

Hope This Helps!!!

During the ride on the London Eye, you will be at the same height as the top of the Elizabeth Tower at approximately 21 minutes and 43.16 seconds after the start of the ride.

To determine the time(s) during the ride on the London Eye when you are at the same height as the top of the Elizabeth Tower (commonly known as Big Ben), we need to consider the height of the London Eye and its rotational motion.

Given that the Elizabeth Tower is 320 feet tall, we need to find the position of the London Eye when its height aligns with the top of the tower.

The London Eye has a height of 443 feet, and it completes one full rotation in approximately 30 minutes (or 1800 seconds). This means that it moves at a constant angular velocity of 360 degrees per 1800 seconds.

To find the time(s) when the heights align, we can set up a proportion:

(Height of the Elizabeth Tower) / (Height of the London Eye) = (Angle covered by the London Eye) / 360 degrees

Substituting the given values:

320 / 443 = (Time to align) / 1800

Simplifying the equation:

(Time to align) = (320 / 443) * 1800

Calculating the value:

(Time to align) ≈ 1303.16 seconds

Converting the time to minutes and seconds:

(Time to align) ≈ 21 minutes and 43.16 seconds

Therefore, during the ride on the London Eye, you will be at the same height as the top of the Elizabeth Tower at approximately 21 minutes and 43.16 seconds after the start of the ride.

To know more about  London Eye. here

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#SPJ2

1) Prepare a post merger financial position for METRO using the pooling of interest method.

Answers

Answer:

Metro and Medec

METRO

Post-merger Financial Position, using the pooling of interest method:

Pre-merger Financial Positions:

                           Metro (RM ‘000)

Assets  

Current assets                          120

Fixed assets                             830

Total assets                             950

Liabilities and Equities  

Current liabilities                      40

Long term debt                      200

Common stock (RM1 par)      480

Capital surplus                       120

Retained earnings                  110

Total liabilities and equity    950

Earnings available to

common stockholders            230

Common Dividends                  150

Addition to Retained Earnings  80

Step-by-step explanation:

Pre-merger Financial Positions:

                           Metro (RM ‘000)    Medec(RM ‘000)

Assets  

Current assets                          50                     70

Fixed assets                           650                    180

Total assets                            700                   250

Liabilities and Equities  

Current liabilities                      30                     10

Long term debt                       140                    60

Common stock (RM1 par)      400                    80

Capital surplus                         50                    70

Retained earnings                   80                    30

Total liabilities and equity     700                 250

Earnings available to

common stockholders            100                  130

Common Dividends                  50                  100

Addition to Retained Earnings 50                   30

Exchange ratio = 1:2

Coliform bacteria are randomly distributed in a river at an average concentration of 1 per 20cc of water. What is the variance of the number of Coliform bacteria in a sample of 40cc of water

Answers

Answer:

[tex]Var = 1.9[/tex]

Step-by-step explanation:

Given

[tex]p = \frac{1}{20}[/tex]  i.e. 1 per 20cc of water

[tex]n = 40[/tex] -- sample size

Required

The variance

This is calculated using:

[tex]Var = np(1 - p)[/tex]

So, we have:

[tex]Var = 40 * \frac{1}{20} * (1 - \frac{1}{20})[/tex]

[tex]Var = 40 * \frac{1}{20} * \frac{19}{20}[/tex]

[tex]Var = 2 * \frac{19}{20}[/tex]

[tex]Var = \frac{38}{20}[/tex]

[tex]Var = 1.9[/tex]

A car traveling 7/10 of a mile per minute will travel _ miles in 10 minutes

Answers

Answer:

7 miles

Step-by-step explanation:

* means multiply

7/10 * 10 = 7

Plz help I’ll mark you

Answers

Answer:

A 1/2

Step-by-step explanation:

Ratio of short length to hypotenuse

= cos60

= 1/2

Can you help me answer this question? Screenshot is added.

Answers

9514 1404 393

Answer:

  (c)

Step-by-step explanation:

  [tex]\displaystyle\sqrt[3]{xy^5}\sqrt[3]{x^7y^{17}}=\sqrt[3]{x^{1+7}y^{5+17}}=\sqrt[3]{x^6x^2y^{21}y}=\sqrt[3]{x^6y^{21}}\sqrt[3]{x^2y}\\\\=\boxed{x^2y^7\sqrt[3]{x^2y}}[/tex]

Using the graph below, if f(x) = 4, find x.

Answers

3 I think is the answer

The number of hurricanes that will hit a certain house in the next ten years is Poisson distributed with mean 4. Each hurricane results in a loss that is exponentially distributed with mean 1000. Losses are mutually independent and independent of the number of hurricanes. Calculate

Answers

Answer:

The variance of total loss is 8000000

Step-by-step explanation:

Let

[tex]X \to[/tex] Number of hurricane

Poisson [tex]E(X) = 4[/tex]

[tex]Y \to[/tex] Loss in each hurricane

Exponential [tex]E(Y) = 1000[/tex]

[tex]T \to[/tex] Total Loss

Required

The variance of the total loss

This is calculated as:

[tex]Var(T) = Var(E(T|X)) + E(Var(T|X))[/tex]

Where:

[tex]E(T|X) \to[/tex] Expected total loss given X hurricanes

And it is calculated as:

[tex]E(T|X) = E(Y) *N[/tex] --- Expected Loss in each hurricane * number of loss

[tex]Var(T|X) \to[/tex] Variance of total loss given X hurricanes

And it is calculated as:

[tex]Var(T|X) = Var(Y) * N[/tex] ---- --- Variance of loss in each hurricane * number of loss

So, we have:

[tex]Var(T) = Var(E(T|X)) + E(Var(T|X))[/tex]

[tex]Var(T) = Var(E(Y) * N) + E(Var(Y) * N)[/tex]

For exponential distribution;

[tex]Var(Y) = E(Y)^2[/tex]

So, we have:

[tex]Var(T) = Var(E(Y) * X) + E(E(Y)^2 * X)[/tex]

Substitute values

[tex]Var(T) = Var(1000 * X) + E(1000^2 * X)[/tex]

Simplify:

[tex]Var(T) = Var(1000 * X) + 1000^2E(X)[/tex]

Using variance formula, we have:

[tex]Var(T) = 1000^2Var(X) + 1000^2E(X)[/tex]

For poission distribution:

[tex]Var(X) = E(X)[/tex]

So, we have:

[tex]Var(X) = E(X) = 4[/tex]

The expression becomes:

[tex]Var(T) = 1000^2*4 + 1000^2*4[/tex]

[tex]Var(T) = 1000000*4 + 1000000*4[/tex]

[tex]Var(T) = 4000000 + 4000000[/tex]

[tex]Var(T) = 8000000[/tex]

Find the angle between the vectors ????=????+???? and ????=−????+????. (Give an exact answer. Use symbolic notation and fractions where needed.)

Answers

Answer:

The angle between them is 60 degrees

Step-by-step explanation:

Given

[tex]a = 2i + j -3k[/tex]

[tex]b = 3i - 2j -k[/tex]

Required

The angle between them

The cosine of the angle between them is:

[tex]\cos(\theta) = \frac{a\cdot b}{|a|\cdot |b|}[/tex]

First, calculate a.b

[tex]a \cdot b =(2i + j -3k) \cdot (3i - 2j -k)[/tex]

Multiply the coefficients of like terms

[tex]a \cdot b =2 * 3 - 1 * 2 - 3 * -1[/tex]

[tex]a \cdot b =7[/tex]

Next, calculate |a| and |b|

[tex]|a| = \sqrt{2^2 + 1^2 + (-3)^2[/tex]

[tex]|a| = \sqrt{14[/tex]

[tex]|b| = \sqrt{3^2 + (-2)^2 + (-1)^2}[/tex]

[tex]|b| = \sqrt{14}[/tex]

Recall that:

[tex]\cos(\theta) = \frac{a\cdot b}{|a|\cdot |b|}[/tex]

This gives:

[tex]\cos(\theta) = \frac{7}{\sqrt{14} * \sqrt{14}}[/tex]

[tex]\cos(\theta) = \frac{7}{14}[/tex]

[tex]\cos(\theta) = 0.5[/tex]

Take arccos of both sides

[tex]\theta =\cos^{-1}(0.5)[/tex]

[tex]\theta =60^o[/tex]

Using the proper terminology, how would you explain and visually demonstrate that this is not always the case?

ONLY ANSWER IF YOU KNOW THE ANSWER

Answers

Answer:

Answer is 6.

Step-by-step explanation:

The product is

[tex]15\times \frac{2}{5}[/tex]

Now, it does not means that the product of two quantities is always more than the individual quantities.

here, 2/5 is a part of whole.

So,

The product is

[tex]15\times \frac{2}{5}\\\\=3\times 2\\\\= 6[/tex]

The answer is 6 which is less than 15.

Here, it is the 2/5 part of whole 15.

find 9 rational no. between 8/7 and 17/10.​

Answers

Answer:

[tex]\dfrac{81}{70},\dfrac{82}{70},\dfrac{83}{70},\dfrac{84}{70},\dfrac{85}{70},\dfrac{86}{70},\dfrac{87}{70},\dfrac{88}{70},\dfrac{89}{70}[/tex]

Step-by-step explanation:

We need to find 9 rational number between [tex]\dfrac{8}{7}\ \text{and}\ \dfrac{17}{10}[/tex]

We make the denominators of both fractions same. So,

[tex]\dfrac{8}{7}\times \dfrac{10}{10}=\dfrac{80}{70}[/tex]

and

[tex]\dfrac{17}{10}\times \dfrac{7}{7}=\dfrac{119}{70}[/tex]

The rational number are:

[tex]\dfrac{81}{70},\dfrac{82}{70},\dfrac{83}{70},\dfrac{84}{70},\dfrac{85}{70},\dfrac{86}{70},\dfrac{87}{70},\dfrac{88}{70},\dfrac{89}{70}[/tex]

Pierre Martina is comparing the cost of credit to the cash price of an item. If Pierre makes a down payment of $70 and pays $34 a
month for 24 months, how much more will that amount be than the cash price of $695? (Input the amount as a positive value.)
Amount of difference

Answers

Answer:

$191

Step-by-step explanation:

Find how much she will be paying over the 24 months:

34(24)

= 816

Add the down payment to this:

816 + 70

= 886

Find the difference between this and 695:

886 - 695

= 191

So, the difference will be $191 more

Paragraph to write to my girl?????

Answers

Answer:

You make me feel like I can do anything and I am so happy to be with you. Thank you for being the wonderful, amazing person that you are. You surprise me every day and you warm my heart every night. I am the person I am today because you've loved me and helped me, love.

What do you know to be true about the values of p and ?
p"
q
601
454
45
A. p> 9
B. p<9
C. p= 9
D. Can't be determined

Answers

p=q is the answer

since both triangles have equals sums of the known angles (60+30=90, 45+45=90)

p must be equal to q

Find the solution set.

The solution set for 5v2 – 125 = 0

Answers

Answer:

5v2 – 125 = 0

5(v2−25)=0

v2−25=0

a couple more steps and the answer is...

v=-5

f(x) = 4x3 + 7x2 – 2x – 1
g(x) = 4x – 2
Find (f - g)(x).

please help

Answers

9514 1404 393

Answer:

  (f-g)(x) = 4x^3 +7x^2 -6x +1

Step-by-step explanation:

(f -g)(x) = f(x) -g(x)

  = (4x^3 +7x^2 -2x -1) -(4x -2)

  = 4x^3 +7x^2 +(-2-4)x +(-1+2)

(f -g)(x) = 4x^3 +7x^2 -6x +1

If the angles (4x + 4)° and (6x – 4)° are the supplementary angles, find the value of x.

Answers

Answer:

18

Step-by-step explanation:

Supplementary angles means sum of angles is 180.

4x + 4 + 6x - 4 = 180

4x + 6x + 4 - 4 = 180

10x = 180

x = 180 / 10

x = 18

Answer:

x=18 degree

Step-by-step explanation:

If they are supplementary angles, then their sum = 180 degree

4x+4 + 6x-4 =180

4x+6x + 4-4 = 180

10x = 180

x=180/10

x=18

find the value of the following 425×167+233×425 step by step explanation​

Answers

Answer:

so first we start from the left

425*167=70975

but instead of adding this to 233 we use pemdas so instead we do

233*425=99025

now we add them together

70975+99025=170000

Hope This Helps!!!

Answer:

170,000

Step-by-step explanation:

425 × 167 + 233 × 425

= (425 × 167) + (233 × 425)

= 70,975 + 99,025

= 170,000

What is the value of x

Answers

Answer:

52/3

Step-by-step explanation:

Use basic Thales therom,

[tex]\frac{3x}{4x}=\frac{3x+7}{5x-8}\\\\\frac{3}{4}=\frac{3x+7}{5x-8}\\[/tex]

Cross multiply,

3*(5x-8)=4*(3x+7)

3*5x - 3*8 = 4*3x + 4*7

15x - 24 = 12x +28

Add 24 to both sides

15x = 12x + 28 + 24

15x = 12x + 52

Subtract 12x from both sides

15x-12x =52

3x = 52

Divide both sides by 3

x = 52/3

Please look at the included picture, show me your work and please include a good explanation. It would really help me out here.

Answers

These are indeed equivalent, and this identity is one of DeMorgan's laws.

The 6th column is the negation of the 5th column. For example, the first row says

not p or q

is true (T), so the negation would be false (F). The 5th column reads {T, F, T, T}, so the next column should be {F, T, F, F}.

Then in the 7th/last column, you are checking the truth value of the statement

p and not q

For example, in the first row, both p and q are true (T). This means (not q) is false, so (p and not q) is false (F). The last column should end up reading {F, T, F, F}, same as the previous column.

which of the following is a geometric sequence -3,3,-3,3... 11,16,21,26, ... 6, 13, 19, 24, ... -2,6,14,22, ...

Answers

Answer:

p and q are two numbers.whrite down an expression of

Công ty T vừa đưa vào sản xuất một loại sản phẩm mới với định mức giờ máy là 2 giờ/sản phẩm. Tài liệu về sản phẩm trong năm như sau (đồng):


Chi phí nguyên vật liệu trực tiếp/sp

30.000

Chi phí nhân công trực tiếp/sp

27.000

Chi phí sản xuất chung/sp

12.000(25% là biến phí)

Bao bì/sp (ở khâu SX)

5.000

Lương quản lý và bán hàng

83.300.000

Quảng cáo

34.700.000

Chí phí khác bằng tiền

30.000.000

Vốn đầu tư bình quân

1.200 triệu

ROI mong muốn

16%

Tổng số giờ máy hoạt động cho sản xuất

40.000 giờ


Yêu cầu:

1. Hãy định giá bán theo biến phí?

2. Để sản xuất sp mới này, Cty tự chế tạo 1 chi tiết để lắp vào sản phẩm với thông tin như sau:

- Biến phí sản xuất của Chi Tiết = 40% biến phí sp

- KH TSCĐ cho việc sản xuất chi tiết là 42.000.000đ

- Chi phí quản lý chung phân bổ cho việc sản xuất chi tiết là 19.040.000đ.

Có một doanh nghiệp khác đến chào hàng chi tiết với giá chỉ bằng 70% so với giá thành cty tự sản xuất và đảm bảo đủ số lượng, chất lượng theo yêu cầu. Các phương tiện sản xuất chi tiết có thể cho thuê 13.000.000đ/năm. Cty nên tự sản xuất hay mua ngoài?

Answers

Answer:

??????

Step-by-step explanation:

A small insurance company has determined that on average it receives 6 property damage claims per day. P left parenthesis X equals k right parenthesis space equals space fraction numerator lambda to the power of k e to the power of negative lambda end exponent over denominator k factorial end fraction k space i s space t h e space g i v e n space n u m b e r space o f space e v e n t space o c c u r r e n c e s lambda space i s space t h e space a v e r a g e space r a t e space o f space e v e n t space o c c u r r e n c e s What is the probability that the company will receive 7 property damage claims on a randomly selected day? Answer choices are rounded to the hundredths place.

Answers

Answer:

The probability that the company will receive 7 property damage claims on a randomly selected day is 0.137

Step-by-step explanation:

Given,

[tex]\lambda=6[/tex],

The probability mass function of Poisson distribution is used for evaluating the probability of the company will receive 7 property damages claims on any selected day is,

[tex]\begin{aligned}P(X=K)&=e^{-6} \times \dfrac{6^7}{7!}\\&=0.002478\times\dfrac{279936}{5040}\\&=\dfrac{693.89136}{5040}\\P(X=7)&=0.1365927874\\P(X=7)&=0.137\; (\rm{rounded \;off})\end{aligned}[/tex]

To learn more about this, please refer to the below link:

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solve the inequality x(x+6) >16
please show steps and interval notation!​

Answers

Answer:

x > 2, x < -8

Interval notation:

( -infinity, -8) U (2, infinity)

Step-by-step explanation:

x(x+6) > 16

distribute x into x+6, multiply

x^2 + 6x > 16

bring 16 to left side, subtract

x^2 + 6x - 16 > 0

factors of -16 that add to +6 is -2 and +8

(x - 2)(x + 8) > 0

solve for x:

x < -8,  x > 2

Interval notation:

( -infinity, -8) U (2, infinity)

What is the measure of angle WZY? 54.5° 71° 125.5° 180°

Answers

Answer:

71

Step-by-step explanation:

The measure of angle WXY will be thee ame as the measure of the intercepted arc, 109°.

W and Y are both tangent to the circle; this means angle XWZ and angle XYZ are both 90°.

Every quadrilateral has a total measure of 360°; to find the measure of WZY, we subtract:

360-90-90-109 = 71°

The measure of angle WZY (∠WZY) is; 71°

What is the measure of the angle?

From the attached image, we can say that the measure of ∠WXY will be the same as the measure of the intercepted arc, 109°.

Now, W and Y are both tangent to the circle and this means that ∠XWZ and ∠XYZ are both equal to 90°.

Now, every quadrilateral has a total internal sum of angles as 360°.

Thus,  ∠WZY is gotten from;

∠WZY = 360 - (90 + 90 + 109)

∠WZY = 71°

Read more about angles in cyclic quadrilaterals at; https://brainly.com/question/24368895

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