Answer:
<h2>
y = 3x - 16</h2>
Step-by-step explanation:
Equation of line with a given slope of a and containing a given point (x₀, y₀):
y - y₀ = a(x - x₀)
a = 3, x₀ = 5, y₀ = -1
So:
y - (-1) = 3(x - 5)
y = 3x - 15 - 1
<u>y = 3x - 16</u>
Answer:
4. It should be less than coefficient on str in the first regression
Step-by-step explanation:
Since the str and income are positively correlated and the coefficient on income in the second regression is positive, the coefficient on str in the second regression therefore should be less than coefficient on str in the first regression.
Answer:
-1y or -y
Step-by-step explanation:
8-9 =-1
substtute for y and there ya go
Answer:
The prices at which manager predict that at least 55 hats will be sold would be would be of $38
Step-by-step explanation:
According to the given data we the following:
Number of hats sold at $18=115
The manager predicts at 3 less will sold for every rise in 1 $ for at least 55 hats.
Therefore, reduction in number=115 hats-55 hats=60
So, increase in price=reduction in number/number of hats manager predicts that will be sold for every $1 increase in price
increase in price=60/3=$20
Therefore, prices at which manager predict that at least 55 hats will be sold would be=$18+$20=$38
The prices at which manager predict that at least 55 hats will be sold would be would be of $38
