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Slav-nsk [51]
3 years ago
10

Determine the intercepts of the line.

Mathematics
1 answer:
Zarrin [17]3 years ago
4 0

Answer:

x intercept: (3/2,0)

y intercept: (0,-3)

Step-by-step explanation:

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The fitted regression is Sales = 832 − 28.2 Price. (a-1) If Price = 1, what is the prediction for Sales? (Round your answer to 1
almond37 [142]

Answer:

Part (a-1): The prediction for Sales is 803.8.

Part (a-2): The correct option is: An increase in price decreases sales.

Part (B): The prediction for sales is 211.66

Part (C): The intercept is meaningful as sales will be maximized when price is zero.

Step-by-step explanation:

Consider the provided regression:

Sales = 832 − 28.2 Price

(a-1) If Price = 1, what is the prediction for Sales?

Substitute Price = 1 in above regression.

Sales = 832 − 28.2 (1) = 803.8

Hence, the prediction for Sales is 803.8.

Sales (a-2) Choose the correct statement.

Here we can observe that as we increase the price, sales decrease.

Thus, the correct option is: An increase in price decreases sales.

(b) If Price = 22, what is the prediction for Sales?

Substitute Price = 22 in above regression.

Sales = 832 − 28.2 (22)

Sales = 832 − 620.4

Sales = 211.66

Hence, the prediction for sales is 211.66

Sales (c) Choose the right option.

As we increase the price, sales decrease that means the sales will be maximum if the price is 0.

The intercept is meaningful as sales will be maximized when price is zero.

3 0
3 years ago
The value of a car decreases by 15% for each year the car is leased. If the original price of
Alenkasestr [34]

Answer:

Around 7830 dollars

Step-by-step explanation

Times 15,000 by 0.85, you'll get 12,750. Times each product by 0.85 and you'll get around 7830 dollars

6 0
2 years ago
Angela had $22.70 to spend on groceries. After buying 8 pineapples, she had $3.50 left. If each pineapple was the same price, wh
sesenic [268]

Answer:

$2.40

Step-by-step explanation:

First, you would do 22.70 minus 3.50, to get 19.20.

Then, you would divide 19.20 by 8, to get 2.4.

So, if each pineapple was the same price, each pineapple would be $2.40.

3 0
2 years ago
Multiplying fractions:<br><br> 5     1 <br> — x — = <br> 6     2
seropon [69]

5/12 is your answer to 5/6 times 1/2

3 0
3 years ago
Jenny wants to buy a new dress for her first school dance.
Slav-nsk [51]
No, she will still owe $9.30.                    $25.63 - $16.33= $9.30
5 0
3 years ago
Read 2 more answers
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