Answer:
Kindly check explanation
Step-by-step explanation:
Given :
Years of experience (X) :
1
3
3
5
7
8
10
10
12
12
Annual sales (Y) :
85
97
95
97
105
106
122
120
113
134
The estimated regression equation obtained is :
y = b0 + b1x
b0 = 82.82967
b1 = 3.46061
ŷ = 3.46061X + 82.82967
The change in annual sales for every year of experience is given by the slope value, b1 = 3.46061 = 3.5 (1 decimal place)
The Coefficient of determination R² = 0.8477 = 0.848 ( 3 decimal place).
The Coefficient of determination gives the proportion of explained variance.
About 84.8% percent variation in annual sales can be explained by years of experience of the sales person.
Using the regression equation :
ŷ = 3.46061X + 82.82967
Years of experience, x = 8
ŷ = 3.46061(8) + 82.82967 = 110.514
111 = (to the nearest whole number)
Answer:
d
Step-by-step explanation:
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Given the marginal propensity to consume (MPC), the miltiplier is given by
Multiplier = 1 / (1 - MPC)
Given that the marginal propensity to consume is 0.8, the multiplier is given by
Multiplier = 1 / (1 - 0.8) = 1 / 0.2 = 5
Given:
Steven wrote this equation:

To find:
The error in Steven's reasoning and then find the correct product.
Solution:
We have,

This statement is incorrect because we cannot write product directly as Steven wrote.
We need to multiply the place values of each digit of first number with the place values of second number and then we need to add the resulted values.




Therefore, the correct product is 72.
Answer:
g(5x)=0
Step-by-step explanation:
Given that g(x)=4
From the graph when x=-2 then g(x)=4
Hence 5x=-10
Now from the graph
g(-10)=0