If the price of milk is $3.75 then the price of milk rounded to the nearest dollar would be $4.00. Hope this helps!!
Answer:
(A) For each additional hundred dollars spent on advertising, sales are predicted to increase by $2,380.
Step-by-step explanation:
Regression isa statistical equation, denoting relationship between independent (causal) variable(s) & dependent (effected) variable.
y = a <u>+</u> bx
where y = dependent variable, x = dependent variable, a (intercept) = autonomous value of y, b (slope) = change in y due to change in x
Regression equation of independent variable (x) as advertising expenditure & dependent variable (y) sales : y = 24.45 + 2.38x
Sales are in thousands of dollars, advertising expenditure is in hundreds of dollars. So, the interpretations are :
- Intercept interpretation : When there is zero advertising expenditure, sales are 24.45 thousands i.e $24450
- Slope Interpretation :<u> When advertisement expenditure change (rise) by 1 hundred, sales change (rise) by 2.38 thousand i.e</u><u> </u><u>$2380</u>
Answer:200
Step-by-step explanation:is the answer
I believe that it would actually be when it would be a "<span>codominace" as when both of the rabbits would be have a part in this baby.</span>
Answer: 34767.2
Step-by-step explanation:
given p = $16,000, n = 14 years, y = 5.7%
amount in bank after 14 years = p ( 1 + </100)
= 16,000 (1 + 5.7/ 100) 14
= 34767.2
