Answer:
$1783.03
Step-by-step explanation:
Annually compounding interest formula:
PV(1+i)ⁿ
1500(1+.025)⁷
1500(1.025)⁷
1783.028631
which rounds to
1783.03
Answer=1.335 or 1 67/200
813 field goals
1422 attempts
1422-813=609 fails
813/609=1.335 successes per fail
1.335= 1 335/1000= 1 67/200
You can arrange them 16 times
1) aabb
2) aabb
3) bbaa
4) bbaa
5) abab
6) abab
7) abab
8) baba
9) baba
10) abba
11) baba
12) baab
13) baab
14) baab
15) baab
16) abba
The estimate of the total sales is $3,055,510.08.
First I created a scatter plot of the data given for yellow golf balls and calculated the linear regression for it. Screenshots are attached.
The regression equation (equation for the line of best fit) was
y = 16488x + 189312, where x represents the year number and y is the total yellow golf balls.
We are concerned with year 4, so we will substitute 4 for x:
y = 16488(4) + 189312 = 255,264
There will be around 255,264 yellow golf balls sold in year 4.
Since the ratio of yellow to white golf balls is 1:5, we can set up a proportion:
1/5 = 255264/x
Cross multiply:
1*x = 5*255264
x = 1,276,320
We expect the company to sell 1,276,320 white golf balls. This makes a total of:
1,276,320 + 255,264 = 1,531,584 total golf balls expected to be sold in year 4.
Since these are sold in boxes of 12, we divide this by 12:
1,531,584/12 = 127,632 boxes expected to be sold
Each box is 23.94:
127632*23.94 = 3,055,510.08
