The proprietor of an internet travel company compiled the following data relating the annual profit of the firm to its annual advertising expenditure (both measured in thousands of dollars): Annual advertising expenditure Annual profit 12 60 14 70 17 90 21 100 26 100 30 120 (c) Estimate the profit when the annual advertising budget is $50,000. (d) What about a $100,000 budget?

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
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ChapterP: Prerequisites: Fundamental Concepts Of Algebra
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Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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kindly asnwer it 5.5.2 (c,d)

The proprietor of an internet travel company compiled the following data relating the
annual profit of the firm to its annual advertising expenditure (both measured in thousands
of dollars):
Annual advertising
expenditure
Annual profit
12
60
14
(d) What about a $100,000 budget?
70
17
90
21
100
26
100
30
120
(c) Estimate the profit when the annual advertising budget is $50,000.
Transcribed Image Text:The proprietor of an internet travel company compiled the following data relating the annual profit of the firm to its annual advertising expenditure (both measured in thousands of dollars): Annual advertising expenditure Annual profit 12 60 14 (d) What about a $100,000 budget? 70 17 90 21 100 26 100 30 120 (c) Estimate the profit when the annual advertising budget is $50,000.
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