Jerome is a co-owner of a small company and received 1/3 of the company’s profits this year. What were the company’s overall pro
2 answers:
Answer: $450,000
Step-by-step explanation:
We know that Jerome's earnings were from $150,000
And we know that this was 1/3 of the company's overall earnings.
Then let's call "x" to the company's general earnings
So a third multiplied by x must equal Jerome's earnings
Now we solve the equation for the variable x
Finally, the general earnings of the company were $450,000
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Answer:
We have to find the equation of least squares regression line in order to find the number of ice cream cones that the shopkeeper to sell if the temperature is 106 degrees. We can use excel regression data analysis tool to find the equation of the regression line. The excel output is attached here.
The equation of the least squares regression line is:
Now, if the temperature is 106 degrees, then the number of cones expected to be sold is given below:
Therefore, the number of ice cream cones that the shopkeeper would expect to sell if the temperature is 106 degrees is 585.
