A builder of homes reduced the price of a model by 15%. If the new price is $170,000, what was its original price? How much can be saved by purchasingthe model?

Q: A family decides to give an allowance that varies with the age of the child. If the 13-year-old…

A:

Q: If you purchase rutabagas for $0.85/each. Then how much will be the rutabagas Edible Portion Cost…

A:

Q: How much will person pay for 6.2 pounds of bananas at a price of 0.93$ per pounds

A: Given that  Number of pounds of bananas = 6.2 pounds Cost per pound of bananas = $0.93   We know…

Q: A company receives 1.5% commission on the sales price in each house sold. For each house he sells…

A: Given that the sale price= $205,000The company earns 1.5% of the sale price.So, 1.5% of…

Q: If a company sells its product for $30 and has a unit cost of $12, what is the company’s markup…

A:

Q: 8. Kim's hourly wage is $14. She works 37 hours per week. What is her weekly income? What is her…

A:

Q: If 1 cup is 5% of the amount needed, what is the amount needed?

A: Let the amount needed be =x5% of the amount needed is 1 cupi.e 5% of x= 1 cup

Q: Suppose you mix an amount of candy costing $0.46 a pound with candy costing $0.68 a pound. Which of…

A: Let the amount of candy costing $0.46 a pound be x pounds and the amount of candy costing $0.68 a…

Q: mrs smith earns $2,400 per month and saves $600. what percent of her monthly income does she save

A:

Q: What is the new total cost of a $24 sweater with a 7% sales tax

A:

Q: buyer just paid $40.98 for a calculator. If 28% of that amount was the seller's markup, then what…

A:

Q: a store buys a jacket for $20.00 and then sells it to customers for 80% more than that what is the…

A:

Q: if an item is reduced by 65% and the original cost was $40 what is the cost now

A: Given: An is reduced by 65% Original cost is $40 We have to find current cost.

Q: If pork chops cost $5.41 per pound, how much will you pay for 2 3/4 pounds?

A:

Q: If the stew costs $3.78 per serving to prepare, what should the selling price be if I need a 15%…

A: See the solution.

Q: A machine is sold for 42% of the original cost. If the original cost is $9255.00, find the selling…

A: $ 3887.1

Correlation

Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.

Linear Correlation

A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related. 

Regression Analysis

Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as predictors. Regression analysis is one of the methods to find the trends in data. The independent variable used in Regression analysis is named Predictor variable. It offers data of an associated dependent variable regarding a particular outcome.