subject
Mathematics, 10.10.2021 05:30 makennahudson94

The table below shows the profit of a company that opens up several new stores in different areas. # of Stores
2
3
5
7
8
10
12
14
15
Profit (million)
47
58
82
115
135
172
180
205
225

a) Explain why linear regression would be a reasonable method to model this situation. (2 points)
(You can either use verbal reasoning or attach a screenshot of the points plotted on Desmos with a short description)

b) Find a regression equation for this situation. (3 points)

c) Use your model to predict the profit that the company can make when it opens 20 stores.
(3 points)

d) How many stores does the company have to open in order to make a profit of 400 million?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 14:00
In trapezoid efgh, m∠hef=(4x2+16)∘ and m∠gfe=(5x2+12)∘. find the value of x so that efgh is isosceles. i'm desperate.
Answers: 3
question
Mathematics, 21.06.2019 19:00
Eis the midpoint of line segment ac and bd also line segment ed is congruent to ec prove that line segment ae is congruent to line segment be
Answers: 3
question
Mathematics, 21.06.2019 21:10
Plot a point at the y-intercept of the following function on the provided graph. 3y=-5x+7 20 points
Answers: 1
question
Mathematics, 22.06.2019 00:10
A, at (-2, 4), is 6 .of a'? (-8, 4) (-8, -2) (-2, -2) (-2, 4) b, at (-4, -7), isy-.of b'? (-4, 7) (4, -7) (4, 7) (-4, -7)
Answers: 2
You know the right answer?
The table below shows the profit of a company that opens up several new stores in different areas....
Questions
question
Mathematics, 24.09.2019 08:30
question
Mathematics, 24.09.2019 08:30
question
History, 24.09.2019 08:30