Answer:
18,000
Step-by-step explanation:
6% is 0.06
300,000 * 0.06 = 18,000
Answer:
9/16
Step-by-step explanation:
The least-square regression line has a slope of:
m=(nΣxy-ΣyΣx)/(nΣx²-ΣxΣx)
and a y-intercept of:
b=(Σy-mΣx)/n
In this case: n=7, Σxy=4899, Σy=391, Σx=85, Σx²=1153 so
m=(7(4899)-391*85)/(7(1153)-85*85))=1058/846
b=(391*846-85*1058)/(7*846)=34408/846
So the line of best fit is:
y=(1058x+34408)/846 and if we approximated this as your answers see to have done....
y=1.25x+40.67
Answer: A) When all three ticket prices generate the same revenue.
Step-by-step explanation:
Reserved tickets cost $20 each.
Field-level tickets cost $50 each.
Seat tickets cost $100 each.
Then if x represents the number of reserved tickets sold, the total revenue for the reserved tickets will be:
R(x) = x*$20
If w represents the number of field-level tickets sold, the total revenue for field-level tickets will be:
F(w) = w*$50
If y represents the number of seat tickets sold, then the total revenue for the seat tickets will be:
S(y) = y*$100
Those equations will intersect when:
R(x) = F(w) = S(y)
This will mean that they will intersect when all three tickets have the same revenue, then the correct option is:
A) When all three ticket prices generate the same revenue.
