Answer:
D
Step-by-step explanation:
Answer:
2000? ... assume $2000
Resale Value = $2000*(1 - 0.25)t/yr
where: t = number of year after purchase
at t = 3 yr
Resale Value = $2000*(1 - 0.25)3 = $843.75
checking: at t = 0 $2000 (purchase price)
at t = 1 yr $2000 - 0.25*$2000 = $2000 - $500 = $1500
at t = 2 yr $1500 - 0.25*$1500 = $1500 - $375 = $1125
at t = 3 yr $1125 - 0.25*$1125 = $1125 - $281.25 = $843.75
Answer:5 units!
Step-by-step explanation:
.
Hey! Your answer would be A. (1/5)(-20)
We are using a line regression tool to solve the parameters asked in the problem. We can use online tools or that of Excel. According to the tool, the best fit values are
<span><span> </span><span>Slope0.3848 ± 0.03956
</span><span>Y-intercept0.6053 ± 0.6370
</span><span>X-intercept-1.573
</span><span>1/Slope<span>2.598
Best fit lines make sure that the standard deviation at each point is minimum from the best fit line.</span></span></span>
