2 years ago

It takes two points to define a plane.

1 answer:

5 0

Answer:

In a Euclidean space of any number of dimensions, a plane is uniquely determined by any of the following: Three non-collinear points (points not on a single line). A line and a point not on that line. Two distinct but intersecting lines.

Step-by-step explanation:

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A regression analysis between sales (in $1000s) and price (in dollars) resulted in the following equation: ŷ = 50,000 − 8x The a

andrew-mc [135]

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:

$y = mx + b$

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 $m = -8$ , 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.