Answer: The manager sold the book shelf at $235.2
Step-by-step explanation:
Since we have given that
Wholesale price of the book shelf = $147.00
But Gabriela's Furniture Store marks up all furniture by 60%.
So, Mark up value is given by
So, the new price that the manager sold the book shelf is given by
Hence, the manager sold the book shelf at $235.2
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.
