subject
Mathematics, 20.01.2021 19:20 kinslou6506

A clothing company is interested in the relationship between the number of sales per month for its employees (y) and price. Based on the collected data, the least-squares regression line is ŷ = 9.74 + 4.89x, where x is the number of dollars by which price exceeds $25. Which of the following statements best describes the meaning of the slope of the least-squares regression line? A. For each increase in price of $1, the estimated number of sales per month increases by 4.89.
B. For each increase in price of $1, the estimated number of sales per month increases by 9.74.
C. For each increase of one sale per month, there is an estimated increase in price of $4.89.
D. For each increase of one sale per month, there is an estimated increase in price of $9.74.
E. The slope has no meaning because the units of measure for x and y are not the same.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 16:30
Marco is studying a type of mold that grows at a fast rate. he created the function f(x) = 345(1.30)x to model the number of mold spores per week. what does the 1.30 represent? how many mold spores are there after 4 weeks? round your answer to the nearest whole number. 1.30 represents the number of mold spores marco had at the beginning of the study; 985 mold spores 1.30 represents the number of mold spores grown in a given week; 448 mold spores 1.30 represents the 30% rate of weekly growth; 345 mold spores 1.30 represents the 30% rate of weekly growth; 985 mold spores
Answers: 1
question
Mathematics, 21.06.2019 17:30
Aplot of land is shaped like a quadrilateral. fences are built on the diagonal to divide the area into 4 sections. what is vi to the nearest tenth? gv = 6.55fv = 5.84vh = 3.27vi = ?
Answers: 1
question
Mathematics, 21.06.2019 21:00
Calculate the missing value. round the answer to on decimal place. start with 70, increase it by 21%, and end up with
Answers: 2
question
Mathematics, 21.06.2019 21:30
Consider the following equation. 1/2x^3+x-7=-3sqrtx-1 approximate the solution to the equation using three iterations of successive approximation. use the graph below as a starting point. a. b. c. d.
Answers: 3
You know the right answer?
A clothing company is interested in the relationship between the number of sales per month for its e...
Questions
question
Mathematics, 21.09.2019 05:30
Questions on the website: 13722361