Round the rate of changes (slopes) to two decimal places and interpret them in terms of the relation between the change in age and the change in net sales. What can you conclude? Net Sales (S)Net Sales ($)350.00300.00250.00200.00150.00100.0050.000.00180.00160.00140.00120.00100.0080.0060.0040.0020.000.0000Promotional Customers Net Sales by AgeInterceptRegular CustomersAgeInterceptPromotional CustomersAge•10·1020Regular Customers Net Sales by Age2040Customer Age1.1022582330Linear Regression Equation Regular:y = 1.10x + 35.874●Linear Regression Equation Promotional:y = -1.40x + 144.886●Coefficients.8●●3040Customer Age144.8862635-1.402961953Coefficients Standard Error35.874338717.19051208500.49164603212●50O60●●Standard Error19.69073935600.5652786527070

A scatterplot is a graphical representation which shows a relationship b/w 2 variables.

Answered: Round the rate of changes (slopes) to…

Round the rate of changes (slopes) to two decimal places and interpret them in terms of the relation between the change in age and the change in net sales. What can you conclude?

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Related questions

Q: is this true or false the average rate of change between any two points on the graph y=2x+7 is 2

Q: Consider the graph below, which shows the depreciation of a copy machine over 5 years. 5000 4000…

Q: Kyra earns $16 per hour at her job. Is her gross pay a linear function of the number of hours she…

A: It is given that Kyra earns $16 per hour at her job. Let, Kyra works h hour and her gross pay be P.

Q: 1. I put $500 in the stock market and it is supposed to grow, on average over time, about 7%…

A: Since you have asked multiple question, we will solve the first question for you. If youwant any…

Q: Example 18.14 The linear trend of sales of a company is Rs 6,50,000 in 1995 and it rises by Rs…

Q: What is the slope of the function shown in the graph in units of thousands per year? 90 -80 + 70 60…

Q: Find the equation of the graph and estimate the instantaneous rate of change at x = 1

A: From graph we can conclude that the equation of this graph be a parabola i.e., a quadratic equation.…

Q: Trent has a rich uncle who wishes to give Trent $2,000 on his 17th birthday. Trent is smart with his…

Q: For each table: 1. Identify the independent and dependent variables. 2. Identify units for the rate…

A: Note: Hi! Thank you for the question, as per the honor code, we are allowed to answer three…

Q: The line graph below shows the average US price for one gallon of gasoline on the first Monday of…

A: The given line graph shows the average US price for one gallon of gasoline on the first Monday of…

Q: You own a rental property and must depreciate it over for a certain amount of time (about 27 years).…

Q: The Consumer Price Index (CPI) is a measure of the average change in price over time from a…

A: Given Model sold for 12000 in 1999

Q: A bird-watcher estimates the number of songbrds to the number of birds of prey he wil see on a…

A: Given, The graph between number of number of birds of prey versus number of songbirds. We have to…

Q: The average profit of a company (in millions per month) from 2001 to 2015 can be modeled by the…

A: The average profit of a company from 2001-2015 is modeled by y=4.51.2x+1.05 where x is the number of…

Q: When measuring how much change occurs in values between two points in time, the percentage change…

A: (a)For Company A:For Company B:

Q: Interpret the following graph which shows the percent-per-year yield of the 10-year U.S. Treasury…

A: Consider the given graph which represents the percent-per-year yield of the 10-year U.S. Treasury…

Q: During periods when the unadjusted federal minimum wage is constant, identify the trend that you…

A: Introduction: The unadjusted federal minimum wages are shown using the solid line, whereas the…

Q: Calculate the arithmetic gradient (G) If P = 500$, n = 5 years and i = 7%. Select one: O a. 65$ O b.…

Q: The number of carbon atoms in a fossil is given by the function y = 5100(0.95)x, where x represents…

Q: When driving down a mountain road, you notice warning signs indicating that it is a "11% grade."…

A: When driving down a mountain road, you notice warning signs indicating that it is a "11% grade."…

Q: The growth rate of the speed of sound in relation to the temperature in degrees Fahrenheit is a…

A: Let t be the temperature in degrees Fahrenheit, and yt be the speed of sound. First find the linear…

Q: TABLE 1: An economist at Nedbank ran a study of the relationship between FTSE/JSE All Shares index…

A: The intercept of y is the constant value of the regression equation. It is the constant value when…

Q: Task 4 Directions: For the situation, write explaining how the rate of change (the slope) can be…

A: Given that (a) fixed charge is $20 and rate is $0.15 per kwh…

Q: What is the ratio of vertical change to horizontal change in the graph below? A y 120 100 3 80 2/3…

Question

Round the rate of changes (slopes) to two decimal places and interpret them in terms of the relation between the change in age and the change in net sales. What can you conclude?

Net Sales (S)
Net Sales ($)
350.00
300.00
250.00
200.00
150.00
100.00
50.00
0.00
180.00
160.00
140.00
120.00
100.00
80.00
60.00
40.00
20.00
0.00
0
0
Promotional Customers Net Sales by Age
Intercept
Regular Customers
Age
Intercept
Promotional Customers
Age
•
10
·
10
20
Regular Customers Net Sales by Age
20
40
Customer Age
1.10225823
30
Linear Regression Equation Regular:
y = 1.10x + 35.874
●
Linear Regression Equation Promotional:
y = -1.40x + 144.886
●
Coefficients
.8
●
●
30
40
Customer Age
144.8862635
-1.402961953
Coefficients Standard Error
35.8743387
17.19051208
50
0.491646032
12
●
50
O
60
●
●
Standard Error
19.69073935
60
0.565278652
70
70

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1: Defining scatterplot

VIEW

Step 2: Drawing conclusion based on the slope values

VIEW

Solution

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 3 steps

SEE SOLUTION Check out a sample Q&A here

Similar questions

A graph of a model for the sales of services between 2004 and 2008 by a leading global provider of staffing services is shown below. million dollars 6000 5500 50 4500 649 (4, 5160) Interpret the result. (5, 5617) (6, 5891) Interpret the result. (7,5982) 5 (a) Use the graph to calculate the average rate of change in sales of services between 2004 and 2007. $ million per year 6 (8, 5891 years since 2000 7 8 Between 2004 and 2007, sales of service ---Select--- by an average of $ (b) Calculate the percentage change in sales between 2007 and 2008. (Round your answer to three decimal places.) % Between 2007 and 2008, sales of service ---Select--- by (c) Calculate the change in sales between 2004 and 2008. million million per year. %.
Each year, the campers at Pamela's summer camp try to set that summer's record for finishing the obstacle course as quickly as possible. Record obstacle course completio times 30 29 28 27 26 25 24 23 22 Year According to the graph, what was the rate of change between 2018 and 2019? minutes per year Record time (minutes) 2017 2018 2019 2020 2021
3. The percent y of high school seniors who smoke cigarettes can be described by y = 85.79 – 2.39x where x is the number of years past 1975 (Source: National Institute on Drug Abuse) (a) Find the slope and y-intercept of this equation. (b) Write a sentence that interprets the meaning of the slope as a rate of change. (c) Write a sentence that interprets the meaning of the y-intercept.
This graph shows how the length of time a bicycle is rented is related to the rental cost. What is the rate of change shown in the graph? Bicycle Rental 22 20 18 16 14 12 10 8 6. 2 Time (hours) O A. $4/hour B. 4 hours/dollar C. $2/hour D. 2 hours/dollar SUBMIT + PREVIOUS Cost ($)
A summer camp charges families a fee of $625 per month for one child and a certain amount more per month for each additional child. A graph is shown below: 2500 f 2000 1500 1000 500 2 4 6 8. Additional children Part A: Determine the rate of change and interpret what it means in this context. Part B: Determine the initial value and interpret what it means in this context. 2. Charge ($)
Q1: In what years were global temperatures the lowest? Q2: In what years were global temperatures the highest? Q3: What trend is apparent in this graph of actual global temperatures?
2. You bought a new computer for $2,500. Four years later, your computer is valued at $1,250. a. Assume that the cost function will be linear and write a linear function to describe the cost of the computer ?t years after you bought it. b. Assume that the cost function will be exponential (think of exponential decay) and write an exponential function to describe the cost of the computer ?t years after you bought it. c. For each function you just wrote, find the rate at which the cost is depreciating 3 years after you bought it. d. Which function do you think would be more accurate? Write a complete sentence or two describing why you think so.