Cost Model Find a linear regression model for the weekly cost data, using as the independent variable. C(x) = mx + k Round m to 1 decimal place, and round k to the nearest integer. Use this cost model to answer questions Yaster Outfitters manufactures and sells extreme-cold sleeping bags. The table below shows the price-demand and total cost data, where: ⚫ p is the wholesale price (in dollars) of a sleeping bag for a weekly demand of a sleeping bags; . C' is the total cost (in dollars) of producing a sleeping bags. (sleeping bags) 95 120 180 220 p ($) 240 235 155 50 C($) 13,000 14,300 18,500 21,000 Use this data to create regression models to answer all of the questions below.

Cost Model Find a linear regression model for the weekly cost data, using as the independent variable. C(x) = mx + k Round m to 1 decimal place, and round k to the nearest integer. Use this cost model to answer questions Yaster Outfitters manufactures and sells extreme-cold sleeping bags. The table below shows the price-demand and total cost data, where: ⚫ p is the wholesale price (in dollars) of a sleeping bag for a weekly demand of a sleeping bags; . C' is the total cost (in dollars) of producing a sleeping bags. (sleeping bags) 95 120 180 220 p ($) 240 235 155 50 C($) 13,000 14,300 18,500 21,000 Use this data to create regression models to answer all of the questions below.

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Pre Calc Direct and Inverse Variation
1. Estimate the weekly revenue when the weekly demand is 177. Round to the nearest dollar. $_______ 2. Estimate the marginal weekly revenue when the weekly demand is 136. Round to the nearest cent. $ ________ per sleeping bag 3. Estimate the average weekly revenue per bag when the weekly demand is 188. Round to the nearest cent. $_______per sleeping bag
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