K A regression of total revenue on ticket sales determined by a concert production company is given below. Complete parts a and b below. Revenue -4,306 +29.96 Ticket Sales Click the icon to view a plot of the concert venue data. a) Management is considering adding a stadium-style venue that would seat 10,000. What does this model predict that revenue would be if the new venue were to sell out? Revenue = $ (Type an integer or a decimal.). w an example Scatterplot and regression equation Total Revenue 160,000 120,000- 80,000 40,000- 04 0 750 1500 Print 2250 Ticket Sales Done GCEER 3000 X Clear all Check

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K
A regression of total revenue on ticket sales determined by a concert production company is given below. Complete parts a and b below.
Revenue -4,306+29.96. Ticket Sales
Click the icon to view a plot of the concert venue data.
a) Management is considering adding a stadium-style venue that would seat 10,000. What does this model predict that revenue would be if the new venue were to sell out?
Revenue = $(Type an integer or a decimal.)
iew an example
Scatterplot and regression equation
Revenue
A
160,000-
120,000
80,000-
40,000
0-
0
750
1500
Print
2250
Ticket Sales
Done
CEED
3000
- X
Clear all
Check
Transcribed Image Text:K A regression of total revenue on ticket sales determined by a concert production company is given below. Complete parts a and b below. Revenue -4,306+29.96. Ticket Sales Click the icon to view a plot of the concert venue data. a) Management is considering adding a stadium-style venue that would seat 10,000. What does this model predict that revenue would be if the new venue were to sell out? Revenue = $(Type an integer or a decimal.) iew an example Scatterplot and regression equation Revenue A 160,000- 120,000 80,000- 40,000 0- 0 750 1500 Print 2250 Ticket Sales Done CEED 3000 - X Clear all Check
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