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labwork [276]
3 years ago
11

Joe's One Wheel Corporation uses Regression Analysis to predict sales. Joe has developed a simple model that uses Previous Month

's Skateboard Sales and Average Temperature of the Previous Month to predict next months sales.The formula that Joe has developed is:Sales = 0.63 * (Skateboard Sales) + 0.165 * (Average Temperature)If the previous months Skateboard Sales were 968 and the Average Temperature was 91, how many One-Wheels should Joe expect to sell next month (round to the nearest unit)?
Business
1 answer:
Tamiku [17]3 years ago
5 0

Answer:

625 units

Explanation:

The formula that joe has derived is

Formula: Sales = 0.63 x  (Skateboard Sales) + 0.165 x (Average Temperature)

We will definitely get the expected sales figure by putting values in the formula

Sales = (0.63 x 968) + (0.165 x 91)

Sales = 624.86

Sales =  625(rounded off to nearest unit)

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Answer:

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Answer:

The correct answer is " Implied agency/ostensible".

Explanation:

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3 years ago
hen using absorption costing when production is greater than sales, a portion of fixed overhead is allocated to:
Rainbow [258]

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<h3>What happens when production is greater than sales?</h3>
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2 years ago
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3 years ago
1. What is the current balance that Joe Doe owes? $1270.54
Dominik [7]

<u>Explanation:</u>

1. $1270.54. This is evident since this was written at the bottom of the credit card statement.

2. $500. We find this under the row for payments.

Purchases made:

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  • 3/27 Book store: $33
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5. $10.54.

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