You are the manager of World Wide Athlete, a chain of six sporting goods shops in your area. The shops sell 10 racing bikes per week at a retail price of $639.99. Recently, you put the bikes on sale at $599.99. At the sale price, 12 bikes were sold during the one week sale.   What was your markdown percent on the bikes? (Round your answer to one decimal place.)  %   What is the percent increase in number of bikes sold during the sale?  %   How much more revenue (in $) would be earned in 6 months by permanently selling the bikes at the lower price rather than having a 1 week sale each month? (6 sale weeks in 26 weeks.) $  more revenue

You are the marketing director for a minor league baseball team, and (not unlike a certain major league baseball team in this city) you are interested in ways to increase attendance.You think that attendance is likely driven by several factors, including how competitive the team is, the weather, and certain price promotions which are offered periodically throughout the season  (e.g., ‘Buck Night’, where all parking, hot dogs and soft drinks are only $1). Based on data from several prior seasons, you estimate the following regression model for attendance: attend= 1000 + 10,000 win% + 1500 sun + 1200 sun*promo  where, attend = attendance in number or patronswin% = team’s winning percentage (a measure of how competitive they are)sun = 1 if the weather is sunny, 0 elsepromo = 1 if the game offered a price promotion, 0 else. a) Draw a graph of the relationship between attendance and the team’s winning percentage, for the case when there is a price promotion on a sunny night.  Also, graph…

The long-term financial forecast plays a crucial part in the company's long-term strategic plan. True or False True False 25 28 étv N 4

Given the following data, use least-squares regression to derive a trend equation: Period Demand where y Demand and x = Period. 1 10 2 12 3 5 4 13 5 12 6 11 D The least-squares regression equation that shows the best relationship between demand and period is (round your responses to two decimal places):