The value of TC(10) is 5300 Dollars
Given function is TC(Q) = 500Q +300 dollars
We need to calculate the value for TC (10)
As we know that the equation given is TC(Q) = 500Q + 300 dollars
Q is the number of TVs produced
Therefore, The value of Q is 10 for TC(10)
Substituting the value of Q
in the total cost of flatiron TVs given by function TC(Q) = 500Q + 300 dollars That Q= 100,
TC(10) = 500(10)+300 dollars
∴ TC (10) = 5000+300 dollars
∴ TC (10) = 5300 dollars
Hence the value of TC(10) is 5300 Dollars
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Answer: 4
Step-by-step explanation:
Perpendicular lines have reciprocal slopes
Answer:
1 turn
Step-by-step explanation:
this is what the graph would look like:
Answer:
-0.20
Step-by-step explanation:
Given the data:
Age at auction (x) ____price sold (y)
391
51
32
84
47
104
88
43
470
51
Y:
76.9
95.4
86.3
49.3
80
57
47.8
80
70
86.9
General formula for a simple linear regression :
y = ab + c
Where ;
y = predicted variable ; a = slope / gradient
b = predictor / independent variable ; c = intercept
From the result obtained from the calculator :
y = -0.01246X + 74.65552
Correlation Coefficient is used to measure the strength of relationship between linear variables.
The regression Coefficient obtained is - 0.20
This shows that there is a weak negative correlation between the age at auction and the price at which painting is sold. This is because the negative sign means that value of y decreases as x increases or vice versa, however, due to a correlation vale which is closer to 0 than 1 or - 1, we can conclude that the negative relationship between the variables is weak.
