An invoice for $450 has terms 2/10, 1/30, n/60. If you pay on the eighth day, how much will you remit? A. $446.00 B. $450.00 C.
1 answer:
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Answer:
c)
Step-by-step explanation:
Equation for regression line of y on x is given as
where
= predicted value
m = slope of line
b = intercept
m and b are found as
r = correlation coefficient = 0.88
Sx = standard deviation for independent variable x = 13
Sy = standard deviation for dependent variable y = 27
= mean value of independent variable x = 21
= mean value of dependent variable y = 55
Substituting these values in (2) and (3)
Putting these values of m and b in (1)