For a certain product we obtained a regression line equation Y = 10 - 0.8 X, where X is price (in $) and Y is sales (in $1,000). The slope of the line (- 0.8) represents:___---.
A. If the price were $10, expected sales would be $8,000.B. If the price were zero, expected sales would $800.C. If the price increases by $1, sales will decrease by $800, on average.D. Sales are maximized when the price is $0.8.
E. None of the other answers are correct.

Answers

Answer 1

Answer:

C. If the price increases by $1, sales will decrease by $800, on average

Step-by-step explanation:

Slope of regression equation represents the increase/decrease in dependent variable Y due to unit change in independent variable X. Here, independent variable is X is price and dependent variable Y is sales. The slope negative sign represent decrease in dependent variable due to unit increase in independent variable. Sales is given in ($1000) So, (0.8*1000)=800. It means that due to unit dollar increase in price the sales will decrease by $800. Thus, If the price increases by $1, sales will decrease by $800, on average is the correct interpretation.


Related Questions

PLEASE HELP!!! ALGEBRA! For a concert 5,000 tickets were sold, and the proceeds were $72,000. Tickets for children 16 and younger were $10, adults were $20, and seniors 60 and older were $15. There were 3 times more children than seniors at the concert. What system of equations represents the number of children, c, adults, a, and seniors, s, that attended the concert?

Answers

Answer:

( c + a + s) = 5000

(10c + 20a + 15s) = 72000

c = 3s

Step-by-step explanation:

Number of tickets sold = 5000

Proceeds from ticket Sale = $72,000

Tickets for children 16 and younger = $10

Adults = $20

seniors 60 and older = $15

Let :

number of children, c ;

adults, a;

seniors, s,

There were 3 times more children than seniors at the concert ; c = 3s

Total number of attendees = 5000 ;

( c + a + s) = 5000

Total proceeds or revenue

(10c + 20a + 15s) = 72000

I need help please thanks
find x when y = 18, if y = 9 when x = 8
ASAP PLEASE

Answers

so

y=9 -> y=18

       *2

x=8 -> x=16

       *2

so x = 16

Answer:

the only logical way solving this question is:

if y=9 then x=8

if y=18 then x should be 16

Step-by-step explanation:

I cant find any other way to solve

if you subtract 19 from my number and multiply the difference by -2​, the result is -8

Answers

Answer:cool

Step-by-step explanation:

Answer:

23

Step-by-step explanation:

let the number be 'a'

-2(a - 19)= -8

open the brackets

-2a + 38 = -8

collect like terms

38 + 8 = 2a

46 = 2a

a = 23

Which of these is a biomorphic shape? Choose the answer.
O a capital letter W
O a microphone
an outline of a pine tree
O a pyramid

Answers

Answer:

Option C: an outline of a pine tree

Step-by-step explanation:

Artists usually use two main types of shapes when drawing. One is geometric shape and the other is bimorphic shape.

A geometric shape simply refers to common regular and precise shapes like triangles, rectangles, squares which are commonly found in man made objects. Whereas, a bimorphic shape is one that is basically rounded or irregular and depicts natural things or living organisms.

Now, from the question, the only thing there that refers to a natural occurring object is "an outline of a pine tree".

Thus, it is a bimorphic shape.

Answer:

C. an outline of a pine tree

Step-by-step explanation:

I just took the test!

7. A crew of electricians can wire 6 houses in 243 hours. How many hours will it take them to wire
13 houses?

Answers

Answer:

243*2=486

243/6=40.5 Or how many hour it would take to wire one house.

486+40.5=526.5Hrs

Which of the expressions below will have a 8 in the thousandths place of the quotient? Select all that apply.

A) 765.812 ÷ 100
B) 98.14 ÷ 1,000
C) 18.723 ÷ 100
D) 22.38 ÷ 10

Answers

I’m pretty sure it’s A. Sorry if it’s not. :(

Answer:

A

Step-by-step explanation:

(9x+5)+(-2x^2+10x)
(9x+5)+(−2x
2
+10x)

Answers

Answer:

If i´m correct and read the answer correct it should be:

-18x³+80x²+65x+5

Step-by-step explanation:

Hopefully this is correct, I couldn't understand if (-2x 2+10x) was spaced or if it was being multiplied.

please answer this The cost of 2.5 pounds of cheese is $5.60.

D. How could you find the cost for 5 pounds of cheese without finding the cost per pound? Type your answer in the box.

Answers

Answer:

$11.20

Step-by-step explanation:

you just double the cost of 2.5 pounds because 2.5 +2.5 is 5

Answer:20.16

Step-by-step explanation:

That is we want the price of

9

pounds (lets call it

$

x

) to be such that

$

5.60

:

2.5

pounds

is the same as

$

x

:

9

pounds

or written as fractions, we want

$

5.60

2.5

pounds

=

$

x

9

pounds

That is

XXX

$

x

=

$

5.60

2.5

pounds

×

9

pounds

XXXXX

=

$

50.40

2.5

=

$

20.16

Find the unknown angle measures.

Answers

Answer:

x = 9°

y = 119°

Step-by-step explanation:

Given,

y° = 61°+58° { the exterior angle formed by producing the side of triangle is equal to two non-adjacent angle}

or, y° = 119°

therefore, y° = 119°

Now,

52°+y°+x° = 180°{the sum of angle if triangle is 180°}

or, 52°+119°+x°= 180°

or, 171°+x° = 180°

or, x° = 180°-171°

or, x° = 9°

therefore, x° = 9°

A gallon of gas costs an average of two dollars is Betty spends $144 a month on gas determine how many gallons of gas she uses a month

Answers

Answer:

she uses 72 gallons

Step-by-step explanation:

just do 144/2 and the answer is 72

if you wanna check your answer just do 72x2 and it equals 144

72 galloons because 144 divided by 2 which is the price per gallon then it is 72

find the sum of 2x ÷ x-1 and x÷x-1​

Answers

Answer with step-by-step explanation:

First of all, ORDER OF OPERATIONS!! 2x/x is 2/1, which is 2. Then, subtract 1, which is 1.

2x ÷ x - 1 = 1

Same thing: x/x = 1. Subtract 1 from 1, which is 0.

x ÷ x - 1 = 0

1 + 0 = 1

Hope this helped!

suppose that the life distribution of an item has the hazard rate function of what is the probability that

Answers

Answer:

that what

Step-by-step explanation:

estimate the answer for 1 2/3 x 5 1/10 (type a whole number​

Answers

Answer:

Exact Form:

17/2

Decimal Form:

8.5

Mixed Number Form:

8 1/2

What is the absolute value of 5,234?

Answers

Answer:

Step-by-step explanation:

5.234

The body temperatures of a group of healthy adults have a​ bell-shaped distribution with a mean of 98.18 F and a standard deviation of 0.65 F. Using the empirical​ rule, find each approximate percentage below.

a.

What is the approximate percentage of healthy adults with body temperatures within 3 standard deviation of the​ mean, or between 96.23 F and100.3 ​F?

Answers

Answer:

99.7%

Step-by-step explanation:

Empirical rule formula states that:

• 68% of data falls within 1 standard deviation from the mean - that means between μ - σ and μ + σ.

• 95% of data falls within 2 standard deviations from the mean - between μ – 2σ and μ + 2σ.

• 99.7% of data falls within 3 standard deviations from the mean - between μ - 3σ and μ + 3σ.

From the question, we have mean of 98.18 F and a standard deviation of 0.65 F

The approximate percentage of healthy adults with body temperatures between 96.23 F and100.13 ​F is

μ - 3σ

= 98.18 - 3(0.65)

= 98.18 - 1.95

= 96.23 F

μ + 3σ.

98.18 + 3(0.65)

= 98.18 + 1.95

= 100.13 F

Therefore, the approximate percentage of healthy adults with body temperatures between 96.23 F and 100.13 ​F which is within 3 standard deviations of the mean is 99.7%

If b^2 = 25 then b= Answer it please

Answers

Answer:

b = 5

mark me as brainliest plz!! :DD

A square patio has an area of 135 square feet. How long is each side of the patio to the nearest tenth?
Each side of the patio is approximately
feet long.

Answers

11.6 because the square root of 135 is 11.61885.... and when you check it is approximately 135 because 11.6 *11.6 = 134.56, which can be rounded to 135

The length of a rectangle is (3x − 5) inches, and its width is 2x inches. Find the area of the rectangle.

Hint: Area of a rectangle = length × width.

Answers

Answer:

A = 6x² - 10x

General Formulas and Concepts:

Area of a Rectangle: Length × Width

To expand, use FOIL - First, Outside, Inside, Last

Step-by-step explanation:

Step 1: Define variables

l = 3x - 5

w = 2x

Step 2: Find area

Substitute:                   A = (3x - 5)(2x)Expand (FOIL):            A = 6x² - 10x

Answer: A=6x^2-10x ✅

Step-by-step explanation:

Hii, do you need to find the area of the rectangle? Let me help you out! (:

Luckily, there's a formula to find this! (:

Area

To find the area of a rectangle, multiply its length times its width. This is shown below.

[tex]\LARGE\boldsymbol{A=L W}[/tex]

Here, "A" denotes the area

"L" denotes the length

"W" denotes the width

NB : "L" and "W" are interchangeable

Next, it's just a matter of sticking in the known values...

[tex]\twoheadrightarrow\sf A=2x(3x-5)[/tex]

===> it's perfectly legal to stick in the values the other way around, because they are interchangeable

Alright, the next step is to multiply the values...

[tex]\twoheadrightarrow\sf A=(2x\cdot3x)-(2x\cdot(-5)[/tex]

Then we need to simplify...

[tex]\twoheadrightarrow\sf A=6x^2-10x[/tex]

Voila! There's the area of this rectangle! (:

Cheers! (:_______________

Hope I helped! Best wishes.

⚜ Reach far. Aim high. Dream big. ⚜

_______________

Question 3 of 6 (1 point) Attempt 33 of Unlimited View question in a popup

2.4 Section Exercise 6

In a study of 550 meals served at 75 campus cafeterias, 77 had less than 10 grams of fat but not less than 350 calories; 81 had

less than 350 calories but not less than 10 grams of fat; 186 had over 350 calories and over 10 grams of fat.

Part: 0/2

E

Part 1 of 2

(a) What percentage of meals had less than 10 grams of fat? Round your answer to the nearest tenth of a percent.

of the meals studied, 1% of them had less than 10 grams of fat.

Answers

Answer:

10%

Step-by-step explanation:

(a) What percentage of meals had less than 10 grams of fat?

(b) Round your answer to the nearest tenth of a percent.

To find the percentage of meals with less than 10 grams of fat, count the number of meals with less than 10 grams of fat and divide by the total number of meals; multiply this figure by a hundred.

(A) Total number of meals = 550

Number of meals having less than 10 grams of fat = 77

Percentage of meals having less than 10 grams of fat = 77/550 × 100

= 0.14 × 100 = 14%

(B) Rounding the answer to the nearest tenth of a percent means approximating it to the nearest multiple of 10 that is not more than 100 (where 100 here represents a full cent or 'percent').

The multiples of 10 that are close to 14 are 10 and 20. The closest being 10, your answer becomes 10%

What formula is used to
determine the expected value for a variable?

Answers

The basic expected value formula is the probability of an event multiplied by the amount of times the event happens: (P(x) * n).

Find the measure of the missing angle

Answers

Answer:

M1=108° M2=72°

Step-by-step explanation:

M1 and the original 108° angle are equal, and to calculate M2, which is on the same straight line as the original 108°, we must remember that all angles on a straight line add up to 180°. So, 180-108=72, making M2 72°

What is the slope of a line that is perpendicular to the line y = x + 4?

The slope of the line is

Answers

Answer:

-1

Step-by-step explanation:

Answer:

- 1/6 is correct

perpendicular refers to the opposite of 1/6 therefor being negative 1/6

Step-by-step explanation:

2a-3b=4, solve for b

Answers

Answer:

b= - 4/3 + 2a/3

Step-by-step explanation:

The required simplified expression for b is b = [2a - 4] / 3.

Given that,
An expression is given,
2a -3b = 4
The above-given expression should be reorganized in order to solve b.

What is arithmetic?

Mathematics, it deals with numbers of operations according to the statements. There are four major arithmetic operators, addition, subtraction, multiplication, and division.

What are functions?

Functions are the relationship between sets of values. e g y=f(x), for every value of x there is its exists in a set of y. x is the independent variable while Y is the dependent variable.

Here,
2a - 3b = 4
-3b = 4  - 2a
b = [4 - 2a ] / -3
b = [2a - 4] / 3

Thus, the required simplified expression for b is b = [2a - 4] / 3.

Learn more about arithmetic here:

brainly.com/question/14753192

#SPJ2


Order from least to greatest:
-5/6,0.567,-0.11,-1/4

Answers

Answer:

-5/6,-1/4,-0.11,0.567

Step-by-step explanation:

how to find the area figure of square inches​

Answers

It is length times width in^3

PLEASE HELP
ILL GIVE BRAINLIEST

Answers

Answer:

f(7x−1)=63x−16

Step-by-step explanation:

Answer:

x=3

Step-by-step explanation:

since f(x) and g(x) are equal, we can make the equation, 9x-7 = 7x - 1

9x = 7x + 6, 2x = 6, x = 3

Tickets for a drumline competition cost $5 at the gate and $3 in advance. One hundred more tickets were sold in advance than at the gate. The total revenue from ticket sales was $1990. How many tickets were sold in advance?

Answers

Answer:

The number of tickets sold at the gate is [tex] G = 211.25[/tex]

The number of tickets sold in advance is  [tex]  A = 311.25 [/tex]

Step-by-step explanation:

From the question we are told that

 The cost of a tickets at the gate is [tex]a =  \$ 5[/tex]  

  The cost of a ticket in advance is  [tex]b =  \$ 3[/tex]

Let the number of ticket sold in the gate be G

Let the number of ticket sold in advance  be   A

From the question we are told that

  One hundred more tickets were sold in advance than at the gate and this can be mathematically represented as

       [tex]G  +  100 =  A[/tex]

From the question we are told that

  The total revenue from ticket sales was $1990  and this can be mathematically represented as

    [tex]5 G  +  3A  =  1990[/tex]

substituting for  A in the equation above

    [tex]5 G  +  3[G  +  100]=  1990[/tex]    

    [tex]5 G  +  3G  +  300=  1990[/tex]    

    [tex] 8G  +  300=  1990[/tex]  

    [tex] 8G  =  1690[/tex]

=>  [tex] G = 211.25[/tex]

Substituting this for G in the above equation

     [tex]5 [211.25]  +  3A  =  1990[/tex]

=>    [tex]  3A  =  1990 - 1056.25[/tex]

=>    [tex]  A = 311.25 [/tex]

HELP!!!!!!!


What is 2 8/10 + (-3.5) in decimal form

Answers

Answer: -0.7

Step-by-step explanation:

what is 2 times 4 time 2

Answers

Answer:

16

Step-by-step explanation:

Answer:

16

Explanation:

2 x 4 = 8

8 x 2 = 16

|x |-8= -5
what's the answer​

Answers

Answer:

|x |-7 = -5     ( x = -3 )

Step-by-step explanation:

3 :::::::::::::::::::
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