PERLE
1 answer:
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We have been given that a retailer buys cases of 24 shirts for $30/case and then resells them in packs of 5 for $8/pack.
Further, we know that retailer sold all the shirts he purchased and profited $84 on the sale.
Let us first find LCM of 24 and 5. The LCM is 120.
Now, let us assume that the retailer bought 120x shirts. Therefore total profit will be:
We can set this equal to the given profit to figure out the value of x first.
Therefore, the retailer sold 120(2)=240 shirts, that is, 48 packs.
Answer:
Where:
And we can find the intercept using this:
On this case the correct answer would be:
E. none of the above
Since the intercept has no association between the increase/decrease of the dependent variable respect to the independent variable
Step-by-step explanation:
Assuming the following options:
A. there is a positive correlation between X and Y
B. there is a negative correlation between X and Y
C. if X is increased, Y must also increase
D. if Y is increased, X must also increase
E. none of the above
If we want a model where m represent the lope and b the intercept
Where:
And we can find the intercept using this:
On this case the correct answer would be:
E. none of the above
Since the intercept has no association between the increase/decrease of the dependent variable respect to the independent variable