Perce Mandactuing delemines that the daily revenue in dollars, trom the sale of x lean chairs is R)=0004h+0.02+07x Curently, Pierce sells 50 lawnchars dailya0hat is the curent daily revenue?N How mach would reenue increase iS laon chairs were sold each dtay?What is the marginal revence when 50 lewn chhais are sold daily?Use the ansaer hom part () to estimate R/51) RS2) and R53)a The curent revenue is $

According to new guideline if a question contain more than 3 subparts then we have to solve only 3…

Answered: Perce Mandtactring delemines that the…

Calculus: Early Transcendentals

8th Edition

ISBN:9781285741550

Author:James Stewart

Publisher:James Stewart

Chapter1: Functions And Models

Section: Chapter Questions

Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...

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P₁ = 2,754 0.55D; 2.52C; +252G; + 576PE; + 1,750F; (0.12) (1.1) (135) (200) (450) P₁ = Annual employee health insurance contribution, in real $ D₁ = Annual plan deductible, in real $ C₁ = Copayment amount for outpatient care visit, in real $ G₁ = Gender of employee (G₂ = 1 if female) PE₁ = Dummy for pre-existing condition (PE; = 1 if yes) F₁ = Dummy for family plan (F; = 1 if yes) Use the information above to answer the following question: Interpret the meaning of the estimated coefficient on D₂ where: O The coefficient tells us that increasing the plan's deductible by $1 leads to a reduction in premiums of $55, all else held constant. O The coefficient tells us that increasing the plan's deductible by $1 leads to a reduction in premiums of $2.52, all else held constant. The coefficient tells us that increasing the plan's deductible by $1 leads to a reduction in premiums of $0.55, all else held constant. O The coefficient tells us that increasing the plan's deductible by $1 leads to a…
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Run the following lines in R: x <- c(8.23, 8.97, 2.72, 1.09, 2.03, 8.07, 8.92, 2.14, 5.6, 2.43, 0.49, 5.8, 5.38, 5.89, 2.31, 5.05, 6.57, 9.21, 9.99, 2.81, 8.86, 9.68, 6.41, 9.36)y <- c(6.7, 6.3, 2, 2.5, 3.4, 2.7, 6.6, 5.3, 7.3, 2.5, 1.9, -0.3, -1, 4, 6.5, 2.5, 0.6, 5.5, 3.6, 1.8, 2.4, 3.2, 6.1, 5.6) Using the varials x and y that you just created, fit a linear model using y as the dependent variable and x as the independent variable and provide the following: What is the equation of the regression line?y^ = + x How many degrees of freedom would need to be used when obtaining a ?p-value associated with the test statistic for the slope parameter?Degrees of Freedom = What is the value of the coefficient of determination?R2 = What is the value of the correlation coefficient?Correlation = Is there a statistically significant relationship between x and y at the α=0.07 significance level? (answer “Yes” or “No” without quotes)YesNo
The profit P Cin thousands of $) for a company in tems of the amount,8, spent 2. Cin thocusands of $) can be modeled by P= -45+ 485 845+S00 advertising Find the point of diminishing returns. on
Are these in the right order, fastest to slowest?
If l0g x=0.35 and fog6N0.5, evaluate the fo llowig expression.
A ball was thrown up into the air and allowed to bounce until it came to a halt. 10 4 3 0 1 2 3 4 5 6 7 8 9 10 Time in Seconds At which of the following intervals did the height of the ball increase and then decrease? O osxS 4 O 2sxS4 O 5SxS7 O 7Sx$9 9, 6. Height in Feet

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