Estimate the equilibrium quantity. pans. ROUND TO THE NEAREST PANrefer to the graph attached below to answerthxapprecte the help Equilibrium Point5,500Yaster Cookware is planning to introduce a new line of cast-iron pans. A marketing companyestablished price-demand and price-supply tables for selected prices, shown in the tables below,where a is the number of pans people are willing to buy and Yaster is willing to sell each month at aprice of p dollars per pan.Price-Demand:p = D(x)98441021402202940143420055512545Price-Supplyp = S(x)98421214077294010842001505125190Find a quadratic regression model for the price-demand data and a linear regression model for theprice-supply data. Use these models to answer the following questions.

Find the quadratic model for the given price and demand data as shown below. From the above…

Equilibrium Point 5,500 Yaster Cookware is planning to introduce a new line of cast-iron pans. A marketing company established price-demand and price-supply tables for selected prices, shown in the tables below, where z is the number of pans people are willing to buy and Yaster is willing to sell each month at a price of p dollars per pan. Price-Demand: p = D(x) 984 410 2140 220 2940 143 4200 55 5125 45 Price-Supply p = S(x) 984 21 2140 77 2940 108 4200 150 5125 190 Find a quadratic regression model for the price-demand data and a linear regression model for the price-supply data. Use these models to answer the following questions.

Equilibrium Point 5,500 Yaster Cookware is planning to introduce a new line of cast-iron pans. A marketing company established price-demand and price-supply tables for selected prices, shown in the tables below, where z is the number of pans people are willing to buy and Yaster is willing to sell each month at a price of p dollars per pan. Price-Demand: p = D(x) 984 410 2140 220 2940 143 4200 55 5125 45 Price-Supply p = S(x) 984 21 2140 77 2940 108 4200 150 5125 190 Find a quadratic regression model for the price-demand data and a linear regression model for the price-supply data. Use these models to answer the following questions.

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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Question

Estimate the equilibrium quantity.

pans. ROUND TO THE NEAREST PAN

refer to the graph attached below to answer

thx

apprec

te the help

Equilibrium Point
5,500
Yaster Cookware is planning to introduce a new line of cast-iron pans. A marketing company
established price-demand and price-supply tables for selected prices, shown in the tables below,
where a is the number of pans people are willing to buy and Yaster is willing to sell each month at a
price of p dollars per pan.
Price-Demand:
p = D(x)
984
410
2140
220
2940
143
4200
55
5125
45
Price-Supply
p = S(x)
984
21
2140
77
2940
108
4200
150
5125
190
Find a quadratic regression model for the price-demand data and a linear regression model for the
price-supply data. Use these models to answer the following questions.

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