DESPERATELY need help with #5 HELP

The fitted regression is Sales = 832 − 28.2 Price. (a-1) If Price = 1, what is the prediction for Sales? (Round your answer to 1

almond37 [142]

Answer:

Part (a-1): The prediction for Sales is 803.8.

Part (a-2): The correct option is: An increase in price decreases sales.

Part (B): The prediction for sales is 211.66

Part (C): The intercept is meaningful as sales will be maximized when price is zero.

Step-by-step explanation:

Consider the provided regression:

Sales = 832 − 28.2 Price

(a-1) If Price = 1, what is the prediction for Sales?

Substitute Price = 1 in above regression.

Sales = 832 − 28.2 (1) = 803.8

Hence, the prediction for Sales is 803.8.

Sales (a-2) Choose the correct statement.

Here we can observe that as we increase the price, sales decrease.

Thus, the correct option is: An increase in price decreases sales.

(b) If Price = 22, what is the prediction for Sales?

Substitute Price = 22 in above regression.

Sales = 832 − 28.2 (22)

Sales = 832 − 620.4

Sales = 211.66

Hence, the prediction for sales is 211.66

Sales (c) Choose the right option.

As we increase the price, sales decrease that means the sales will be maximum if the price is 0.

The intercept is meaningful as sales will be maximized when price is zero.

3 0

3 years ago

True or False<br> The point (-2, -1) is a solution to the inequality – y < 0.<br> True<br> False

EleoNora [17]

Answer:

True

Step-by-step explanation:

Plug in the point:

-2 - (-1) = -2 + 1 = -1 <0.

This is a true statement

8 0

3 years ago

Find the mean, meadian, mode and range for each set of data 6, 9, 2, 4, 3, 6, 5

Helga [31]

Mean: Add up the numbers and divide the sum by the number of values in the set.

6 + 9 + 2 + 4 + 3 + 6 + 5 = 35

35 / 7 = 5

Median: Sort the set from the smallest value to the largest value and select the number in the middle. If the count of the set if even, then select the two middle values and take their mean average.

2, 3, 4, 5, 6, 6, 9

^

So, the median average is 5.

Mode: What number appears the most frequently?

The mode of the set is 6 because it appears twice.

Range: Sort the set by ascending order and take the smallest value and subtract that from the largest value in the set.

9 - 2 = 7

The range is 7.

6 0

2 years ago

Read 2 more answers

Literally noone answers my questions please help

prohojiy [21]

Answers:

slower train = 139 km per hour
faster train = 159 km per hour

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Explanation:

x = rate of the slower train

x+20 = rate of the faster train

rates are in km per hour, abbreviated as kph

The train traveling at x kph will travel 5x km after 5 hours.

Use this formula

distance = rate*time

Using that same formula, the faster train travels 5(x+20) = 5x+100 kilometers in 5 hours.

The two distances must add to 1490 if we want the trains to pass by each other. Assume that the trains are traveling on parallel side-by-side tracks.

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So,

(slower train distance) + (faster train distance) = 1490

(5x) + (5x+100) = 1490

10x+100 = 1490

10x = 1490-100

10x = 1390

x = 1390/10

x = 139

The slower train moves at a rate of 139 km per hour.

x+20 = 139+20 = 159

The faster train moves at a speed of 159 km per hour.

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Check:

The slower train travels 139 kph and travels for 5 hours, so it covers a distance of 139*5 = 695 km

The faster train has a speed of 159 kph and travels for 5 hours, so it covers 159*5 = 795 km

Total distance = 695+795 = 1490

The answers are confirmed.

7 0

2 years ago

There are 7 people in a room. Each person shakes hands once. How many handshakes will there be?

DiKsa [7]

7 people so first one shakes hand with the remaining people. that is 6

The 2nd person also shakes hand with 6 persons but we have already counted his handshake with first person. so we have to add 6-1 = 5 shakes for 2nd person

like wise 3rd person shakes hand with the remaining 6-2 = 4 people

4th person with 6-3=3 people

5th person with 6-4= 2 persons

6th person with 6-5=1 person

and 7th one with no one because already he has shaken his hand with everyone.

since these people shake their hands with others only once we just have to add the obtained values

6+5 +4+3+2+1= 21

totally 21 handshakes will be there in that room

7 0

3 years ago