Stores commonly offer a cheaper unit price for large quantity purchases. Quantity Unit Price 100.00 80.00 70.00 50.00 40.00 1 2 5 10 20 a. Use regression to find a logarithmic equation to model the data. Round the numbers in your equation to 2 decimal places. y = a + bln(x) with a = b = b. Use your equation to find an appropriate quantity for a customer who wishes to get a $35 unit price, accurate to the nearest whole number. c. Use your equation to find an appropriate quantity for a customer who wishes to get a $60 unit price, accurate to the nearest whole number.
Stores commonly offer a cheaper unit price for large quantity purchases. Quantity Unit Price 100.00 80.00 70.00 50.00 40.00 1 2 5 10 20 a. Use regression to find a logarithmic equation to model the data. Round the numbers in your equation to 2 decimal places. y = a + bln(x) with a = b = b. Use your equation to find an appropriate quantity for a customer who wishes to get a $35 unit price, accurate to the nearest whole number. c. Use your equation to find an appropriate quantity for a customer who wishes to get a $60 unit price, accurate to the nearest whole number.
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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Transcribed Image Text:Stores commonly offer a cheaper unit price for large quantity purchases.
Quantity Unit Price
100.00
80.00
70.00
50.00
40.00
1
2
5
10
20
a. Use regression to find a logarithmic equation to model the data. Round the numbers in your equation to 2
decimal places.
y = a + bln(x) with
a=
b =
b. Use your equation to find an appropriate quantity for a customer who wishes to get a $35 unit price, accurate
to the nearest whole number.
c. Use your equation to find an appropriate quantity for a customer who wishes to get a $60 unit price, accurate
to the nearest whole number.
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