The table below contains price-demand and total cost data for the production of treadm where p is the wholesale price (in dollars) of a treadmill for an annual demand of a tread and C is the total cost (in dollars) of producing a treadmills. x 2,910 3,415 4,645 5,330 P ($) 1,450 1,275 1,123 918 C ($) 3,634,000 3,782,000 4,185,000 4,290,000 Use this data to find a linear regression equation for price-demand data, using a as the independent variable: p = ax + b, where a is rounded to 1 decimal place and b is rounded to the nearest integer. Use this data to find a linear regression model for the cost data, using as the independ variable: C(x) = cx +d, where c is rounded to the nearest integer and d is rounded to the nearest 10,000.
The table below contains price-demand and total cost data for the production of treadm where p is the wholesale price (in dollars) of a treadmill for an annual demand of a tread and C is the total cost (in dollars) of producing a treadmills. x 2,910 3,415 4,645 5,330 P ($) 1,450 1,275 1,123 918 C ($) 3,634,000 3,782,000 4,185,000 4,290,000 Use this data to find a linear regression equation for price-demand data, using a as the independent variable: p = ax + b, where a is rounded to 1 decimal place and b is rounded to the nearest integer. Use this data to find a linear regression model for the cost data, using as the independ variable: C(x) = cx +d, where c is rounded to the nearest integer and d is rounded to the nearest 10,000.
Elementary Geometry For College Students, 7e
7th Edition
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.
Chapter8: Areas Of Polygons And Circles
Section8.4: Cicumference And Area Of A Cicle
Problem 46E: A tabletop is semicircular when its three congruent drop-leaves are used. By how much has the tables...
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