<u>Multiple Regression Analysis is the technique used o see if there is any impact of price point, color, or the interaction</u>
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Step-by-step explanation:
- Multiple regression is a statistical technique which is used to predict the value of a variable based on the values of the two or more variables.
- In the above example we want to predict the Purchase value depending upon the value of the price points and the value of the product colors.
Answer: $4.79
Step-by-step explanation:
To find the unit price, we can use a proportion to solve.
[cross multiply]
[divide both sides by 8]
Now, we know that the unit price is $4.79 for each mug.
Answer:
The z-value rounded to the nearest hundredth is -1.64
There is no enough evidence to reject the claim.
Step-by-step explanation:
A certain website claims that it averages 4.7 hours of downtime per month.
No. of samples = n = 17
Mean =
Standard deviation =
Formula:
Z =−1.64
Z critical at 90% is 1.65
Since Z calculated < Z critical
So, there is no enough evidence to reject the claim.
Answer:
$12,78
Step-by-step explanation:
$142 × 0,15 = $21,3
$21,3 × 0,6 = $12,78