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- Qd Qs 4.75 Price of Coffee ($ per 4.5 cup) 4.25 4 3.75 3.5 3.25 2.75 2.5 2.25 2 1.75 1.5 1.25 1 0.75 0.5 0.25 2. 25 1. 3. 4. 6. 00 Quantity of coffee, thousands of cups 1.5 4.5 6.5 9.5How were the figures calculated?1. As the owner of an ice-cream store, you believe it is necessary to purchase another ice-cream maker to meet the increased demand. You need to take a loan to finance it. The loan officer tells you that your revenues of $750,000 are insufficient to support additional debt. To qualify for the loan, your revenues need to be $50,000 higher. To generate additional revenue, you collect data on the price (in cents) per pound you charge customers and the related quantity of ice-cream consumed per year in pounds. The information is saved in HW3_2.xlsx. Use these data to estimate the log-linear demand specification to obtain least squares estimated of the demand for ice-cream. Write an equation that summarizes the demand for ice cream, and then determine the percentage price increase or decrease that is needed in order to boost revenues by $50,000.
- Can you help with the three questions on my worksheet that relate to the attached graph? Can you also advise if I have done my math correctly?Please help me graph this21-B Book Street Books sells about 1600 books each month. The pie chart displays the most popular book categories, by percentage, each month. Find the number of travel books sold each month. Round your answer to the nearest integer. Categories of Books Sold Reference 12.9 % Children's Fiction 26.8 % Travel 24.4% Fiction 26.8 % Computer 9.1 %
- Data analysis, please show all work A company makes a laser product. The product is well made, but is expensive to manufacture. As indicated, the product is well made, so 98.7% of lasers function as advertised. However, 1.3% are returned for being defective. For each laser they manufacture, the company makes $204 in profit. However, when the product is defective, it costs the company $1340 (in shipping refunds, repair, etc). How much can the company expect to make (or lose!) each time they sell a laser?The bacteria in a culture grows by 5% in the first hour, decreases by 10% in the second hour and increases by 2% in the third hour. If the original count of the bacteria is 50000, Calculate the count of bacteria at the end of 3 hourUse the following cell phone airport data speeds (Mbps) from a particular network. Find the percentile corresponding to the data speed 0.6 Mbps. 0.4 0.4 0.1 0.6 0.2 0.6 0.7 0.8 1.6 4.8 9.7 1.9 5.4 10.7 0.3 0.6 2.2 5.4 10.9 Percentile of 0.6= (Round to the nearest whole number as needed.) 0.3 0.7 2.5 5.5 11.6 2.6 5.8 12.5 C 2.7 6.2 13.5 0.4 0.9 2.8 6.9 13.8 0.5 1.2 2.8 8.6 14.1 0.5 1.5 A 3.7 8.8 15.5 0.5 1.5 3.9 9.6 28.3