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6. Each year, a baseball team sells boxes of chocolates as a fundraiser to lower the cost of team fees. The price of the chocolates and the number of boxes sold varies each year. The information from five years of sales is given in the table below. Price per box ($) 3.00 4.00 5.50 6.50 8.00 Воxes 5303 3360 1777 1316 1019 sold Find the regression equation in the form y = ax +bx² + cx +d_that best approximates the а. data. Express the values of a, b, c, and d to the nearest hundredth. b. Use the equation to find the number of boxes, to the nearest whole number, that the team will sell if they charge $4.35 per box. One year, the team only sold 125 boxes of chocolates. What price did they charge for each box? c. d. If the team raises the price too high, they will not sell any boxes. Use your regression equation to predict the price of a box that will result in zero boxes sold.

6. Each year, a baseball team sells boxes of chocolates as a fundraiser to lower the cost of team fees. The price of the chocolates and the number of boxes sold varies each year. The information from five years of sales is given in the table below. Price per box ($) 3.00 4.00 5.50 6.50 8.00 Воxes 5303 3360 1777 1316 1019 sold Find the regression equation in the form y = ax +bx² + cx +d_that best approximates the а. data. Express the values of a, b, c, and d to the nearest hundredth. b. Use the equation to find the number of boxes, to the nearest whole number, that the team will sell if they charge $4.35 per box. One year, the team only sold 125 boxes of chocolates. What price did they charge for each box? c. d. If the team raises the price too high, they will not sell any boxes. Use your regression equation to predict the price of a box that will result in zero boxes sold.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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6. Each year, a baseball team sells boxes of chocolates as a fundraiser to lower the cost of team fees. The price of the chocolates and the number of boxes sold varies each year. The information from five years of sales is given in the table below. Price per box ($) 3.00 4.00 5.50 6.50 8.00 Воxes 5303 3360 1777 1316 1019 sold Find the regression equation in the form y = ax' + bx² +cx+d_that best approximates the а. data. Express the values of a, b, c, and d to the nearest hundredth. b. Use the equation to find the number of boxes, to the nearest whole number, that the team will sell if they charge $4.35 per box. One year, the team only sold 125 boxes of chocolates. What price did they charge for each box? с. d. If the team raises the price too high, they will not sell any boxes. Use your regression equation to predict the price of a box that will result in zero boxes sold.
Transcribed Image Text:6. Each year, a baseball team sells boxes of chocolates as a fundraiser to lower the cost of team fees. The price of the chocolates and the number of boxes sold varies each year. The information from five years of sales is given in the table below. Price per box ($) 3.00 4.00 5.50 6.50 8.00 Воxes 5303 3360 1777 1316 1019 sold Find the regression equation in the form y = ax' + bx² +cx+d_that best approximates the а. data. Express the values of a, b, c, and d to the nearest hundredth. b. Use the equation to find the number of boxes, to the nearest whole number, that the team will sell if they charge $4.35 per box. One year, the team only sold 125 boxes of chocolates. What price did they charge for each box? с. d. If the team raises the price too high, they will not sell any boxes. Use your regression equation to predict the price of a box that will result in zero boxes sold.
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