Answer:
Step-by-step explanation:
You can obtain the regression equation using minitab software ...
First step:
Choose stat then select regression and regression
Next step:
In Response, enter the column containing the response (Y) variable as Cost.
Next step :
In Predictors, enter the columns containing the predictor (X) variables as Summated Rating.
Final step :Click OK.
Then you get your answer
You can see it ------/--------/---
8763 square miles hope this helped
The answer is 8 because a negative number times or divide by a negative number the answer will be a positive number.
Answer:
Step-by-step explanation:
C(x) = 15x + 25,500....cost function
R(x) = 32x .....revenue function
break even point (when they are equal)....so set them equal and solve for x
15x + 25,500 = 32x
25,500 = 32x - 15x
25,500 = 17x
25,500 / 17 = x
1500 = x.......so the break even point is when 1500 benches are sold
15x + 25,500 = 32x =
15(1500) + 25,500 32(1500) =
22,500 + 25,500 48,000
48,000
and after selling 1500 benches, they will both equal $48,000