Use screenshot attached to answer question thanksWhat is the weekly fixed cost of producing sleeping bags? Round to the nearest integer.$ Cost ModelFind a linear regression model for the weekly cost data, using as the independent variable.C(x) = mx + kRound m to 1 decimal place, and round k to the nearest integer.

Answered: Cost Model Find a linear regression…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter3: Linear And Nonlinear Functions

Section: Chapter Questions

Problem 26MCQ

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Similar questions

bThe average rate of change of the linear function f(x)=3x+5 between any two points is ________.
Demand for Candy Bars In this problem you will determine a linear demand equation that describes the demand for candy bars in your class. Survey your classmates to determine what price they would be willing to pay for a candy bar. Your survey form might look like the sample to the left. a Make a table of the number of respondents who answered yes at each price level. b Make a scatter plot of your data. c Find and graph the regression line y=mp+b, which gives the number of respondents y who would buy a candy bar if the price were p cents. This is the demand equation. Why is the slope m negative? d What is the p-intercept of the demand equation? What does this intercept tell you about pricing candy bars? Would you buy a candy bar from the vending machine in the hallway if the price is as indicated. Price Yes or No 50 75 1.00 1.25 1.50 1.75 2.00

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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.