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Each year, a baseball team sells boxes of chocolates as a fundraiser to lower the cost of team fees. The price of the chocolates and the number of boxes sold varies cach year. The information from five years of sales is given in the table below.

Each year, a baseball team sells boxes of chocolates as a fundraiser to lower the cost of team fees. The price of the chocolates and the number of boxes sold varies cach year. The information from five years of sales is given in the table below.

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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6. Each year, a baseball team sells boxes of chocolates as a fundraiser to lower the cost of team fees. The price of the chocolates and the number of boxes sold varies each year. The information from five years of sales is given in the table below. Price per box ($) 3.00 4.00 5.50 6.50 8.00 Вохes 5303 3360 1777 1316 1019 sold a. Find the regression equation in the form y = ax' + bx² +cx +d that best approximates the data. Express the values of a, b, c, and d to the nearest hundredth. b. Use the equation to find the number of boxes, to the nearest whole number, that the team will sell if they charge S$4.35 per box. One year, the team only sold 125 boxes of chocolates. What price did they charge for each box? с.
Transcribed Image Text:6. Each year, a baseball team sells boxes of chocolates as a fundraiser to lower the cost of team fees. The price of the chocolates and the number of boxes sold varies each year. The information from five years of sales is given in the table below. Price per box ($) 3.00 4.00 5.50 6.50 8.00 Вохes 5303 3360 1777 1316 1019 sold a. Find the regression equation in the form y = ax' + bx² +cx +d that best approximates the data. Express the values of a, b, c, and d to the nearest hundredth. b. Use the equation to find the number of boxes, to the nearest whole number, that the team will sell if they charge S$4.35 per box. One year, the team only sold 125 boxes of chocolates. What price did they charge for each box? с.
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