Answer:
a)3145 x 0.01 = 31.45 3145- 31.45 = 3113.55
Compute the sample correlation 3113.55 -? we find the least square pressing at least 15x on the calculator then minus this from 3113.55 to find a better fit and minimum regression.
We add the differences of units then divide by distribution as seen below.
b) unsure.
c) = (see below) just test each number shown unit sold per day / price then x can show the differences in each number from day 1 to day 2.
d) = 16 sold.
Explanation:
a) We count the units up and deduct from it from the equation p is recognized as units sold. R1 is cost R2 is total days.
b) The line of best fit is described by the equation ŷ = bX + a, where b is the slope of the line and a is the intercept (i.e., the value of Y when X = 0).
c) r 2= decimal ; the regression equation has accounted for percentage of the total sum of squares. You cna do this one.
d) = 16 sold at $28 each. - Why ? We using 7 day data and prove a how many units can be sold p/d if the price of flash drive is set to $28 each per unit.
Day 1 = 34 / 28 = 1 = 1.21428571429 = 1 no difference day prior.
Day 2 = 336 / 28 = 12 = 12 = difference day prior is 11
Day 3 = 432 / 28 = 15 = 15.4285714286 = 15 difference day prior is 3
Day 4 = 635 / 28 = 23 = 22.6785714286 = 23 difference day prior is 8
Day 5 = 530 / 28 = 19 = 18.9285714286 = 19 difference day prior is minus - 4
Day 6 = 938 / 28 = 34 = 33.5 = 34 difference day prior is 15
Day 7 = 240 / 28 = 9 = 8.57142857143 = 9 difference day prior is minus -25
Total days 7 = Total revenue / price = average units sold
Average units sold total = 1+ 12+15 +23 +19+34+9 = 113 rounded.
Average units sold total = 1.21428571429 + 12 + 15.4285714286
+ 22.6785714286
+18.9285714286
+ 33.5
+ 8.57142857143 = 112.321428572 units sold weekly when priced at $28
To answer D we divide this by 7 to show;
112.321428572/ 7 = 16.0459183674
Daily units sold = 16