$3.00-$2.40 = $0.60
$0.60/$3.00 = $0.2
$0.2x100 = 20% decrease
$40,000
Let x be the sales amount.
600+0.02x=1000+0.01x
x=$40,000
Answer:
$5 per hour
Step-by-step explanation:
25/5 = 5
10*5 = 50
Based on the information given, it should be noted that the residual for the two points will be 0.087 and -0.033 respectively.
<h3>How to find the residual.</h3>
From the complete information, the predicted value for the point (3, 0.42) will be:
= (0.091 × 3) + 0.060
= 0.0273 + 0.060
= 0.333
Therefore, the residual will be:
= 0.42 - 0.333 = 0.087
The predicted value for the point (3, 0.3) will be:
y = 0.091x + 0.060.
= (0.091 × 3) + 0.060.
= 0.333
Therefore, the residual will be:
= 0.3 - 0.333 = -0.033
Therefore, the residual for the two points will be 0.087 and -0.333 respectively.
Learn more about residuals on:
brainly.com/question/26255019
