Suppose the total cost for a certain manufacturer is given in the following table:Number of widgets produced100150Cost$2600$3700Our goal is to figure out the fixed and variable costs. Reminder: total cost is set up likeTotal Cost Fixed Costs Variable Cost. NWe know the value of the total cost for two levels of production. We could use technology, specificallylinear fit command, to find the equation, how C depends on N.a) Find the equation connecting C with N in this situation.b) What is the Fixed Cost for our manufacturer?c) How much is the Variable Cost for the manufacturer?

Given:Suppose the total cost for a certain manufacturer is given in the following table: Number of…

Answered: Suppose the total cost for a certain…

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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How much should a healthy Shetland pony weigh? Let x be the age of the pony (in months), and let y be the average weight of the pony (in kilograms). x 3 6 12 20 26 y 60 95 140 160 189 (a) Make a scatter diagram of the data and visualize the line you think best fits the data. Flash Player version 10 or higher is required for this question. You can get Flash Player free from Adobe's website. (b) Would you say the correlation is low, moderate, or strong? low moderate strong Would you say the correlation is positive or negative? positive negative (c) Use a calculator to verify that x = 67, x2 = 1265, y = 644, y2 = 93,546, and xy = 10,544. Compute r. (Round your answer to three decimal places.) As x increases from 3 to 26 months, does the value of r imply that y should tend to increase or decrease? Explain your answer. Given our value of r, y should…
Linear Modeling 1. Some phone apps measure the number of steps taken during a period of time. John downloaded an app that reported data in a table like this: Time Steps Steps taken taken (minutes) 600 4000 20 2400 25 3000 4200 3000 35 2000 1000 10 20 30 40 Minutes (a) What are the variables of the problem? Identify independent and/or dependent variables of the problem if any. (b) Use the information from the table to graph the number of steps that John has taken over time. Connect the points on your graph. Does this curve or is it a line? (c) Explain why the graph tells you that John is walking at a constant pace. МacВook Air DII DD 80 F10 F9 F6 F7 F8 F5 F2 F3 F4 & 23 2$ 3 4 5 6. 7 8 9. E R Y U F H J K L. * 00
Objective [2.6] Situation: The Ipod Touch has been out for two years now and a lot of data has been collected. Relevant Relationship: There is a functional relationship between Price of an IPod Touch,p and Weekly Demand,s. Below is a table of data that have been collected Price,p,($) Weekly Demand, s,(1,000s) 150 170 190 210 230 250 215 202 198 188 178 171 A.. Find the linear model that best fits this data using regression and enter the model below (for entry round the linear parameter value to nearest 0.01 and constant parameter to nearest 1) S = T(p) = B. The squared correlation coefficient was Select an answer 0.95 (note: values less than 0.95 MAY mean the model is not appropriate for making predictions) Now answer these two questions using the UNROUNDED model parameters C. What does the model predict will be the weekly demand if the price of an ipod touch is $235 ? (nearest 100) D. According to the model at what should the price be set in order to have a weekly demand of 202,800…
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Suppose that the number of tee shirts sold (N) depends linearly on the price charged (x). Write an equation showing this dependence.
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The table below show data that has been collected from different fields from various farms in a certain valley. The table contains the grams of Raspberries tested and the amount of their Vitamin C content in mg. Find a linear model that express Vitamin C content as a function of the weight of the Raspberries. Round your answers to 3 decimal places y= Raspberry Type Farm A - North Field Farm B - North Field Farm A - South Field Farm B - South Field Farm C -Small Field Farm D Farm E x+ grams 60 65 70 75 80 85 90 Vitamin C content in mg 14.3 16.1 18.9 20.3 22.8 25.5 27.5 According to this model, how many mg of Vitamin C can be expected in a raspberry that weighs 82 grams Round to 3 decimal places.

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