The net amount they raise is the amount they receive minus what they pay in expenses.
They receive:
$10,000 fixed amount in donations
$55 per person
They pay:
$15 per person
If there are x number of entries, they receive 55x from the entries.
Also, they pay 15x for the entries.
The net amount they raise is amount they receive min us amount they pay:
55x + 10,000 - 15x
which simplifies to
40x + 10,0000
They want to raise at least $55,000.
At least $55,000 means $55,000 or more.
They want to raise an amount greater than or equal to $55,000.
Now we write the inequality:
40x + 10,000 >= 55,000
Now we solve the inequality for x, the number of entries.
40x >= 45,000
x >= 1125
They must have 1125 or more race entries to raise $55,000.
Answer:
Avoid Using too many statistics
Step-by-step explanation:
when a speaker is giving a speech, the listeners prefer main points to hearing too much of statistics. Too many statistics bore the audience and sometimes divert their attentions from the crux of the speech. If statistics are to be given, they must be clearly expressed and the source should be clearly stated.
Numbers that are of large decimal points can be rounded off so as not to confuse the audience and to make them grasp the main idea.
Answer:
For this case the value of r = -0.66
Now we can calculate the determination coeffcient:

And then we can conclude that 43.56% of the variation in y can be explained by the explanatory variable
And then 100-43.56 = 56.44 % of the variation in y that cannot be explained by the explanatory variable
Step-by-step explanation:
For this case we need to calculate the slope with the following formula:
Where:
And we can find the intercept using this:
And the model obtained for this case is:

The correlation coefficient is a "statistical measure that calculates the strength of the relationship between the relative movements of two variables". It's denoted by r and its always between -1 and 1.
And in order to calculate the correlation coefficient we can use this formula:
For this case the value of r = -0.66
Now we can calculate the determination coeffcient:

And then we can conclude that 43.56% of the variation in y can be explained by the explanatory variable
And then 100-43.56 = 56.44 % of the variation in y that cannot be explained by the explanatory variable
20
20 = 1 x 20
100 = 5 x 20