The table to the right contains price-demand and total cost data for the production of projectors, wherep is the wholesale price (in dollars) of a projector for an annual demand of x projectors and C is thetotal cost (in dollars) of producing x projectors. Answer the following questions (A) - (D).X270440640740p($)56141620798C($)106,000128,600146,000176,000(A) Find a quadratic regression equation for the price-demand data, using x as the independent variable.y=(Type an expression using x as the variable. Use integers or decimals for any numbers in the expression. Round the coefficients to seven decimal places as needed. Round theconstant term to three decimal places as needed.)

Given the table contains the price-demand and total cost data for the production of projectors…

Answered: The table to the right contains…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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X p($) C($) 370 589 122,000 The table to the right contains price-demand and total cost data for the production of projectors, where p is the wholesale price (in dollars) of a projector for an annual demand of x projectors and C is the total cost (in dollars) of producing x projectors. Answer the following questions (A) - (D). 460 421 120,500 590 211 163,000 790 53 191,000 (A) Find a quadratic regression equation for the price-demand data, using x as the independent variable. y = (Type an expression using x as the variable. Use integers or decimals for any numbers in the expression. Round the coefficients to seven decimal places as needed. Round the constant term to three decimal places as needed.) (B) Find a linear regression equation for the cost data, using x as the independent variable. y=0 (Type an expression using x as the variable. Use integers or decimals for any numbers in the expression. Round to two decimal places as needed.) Use the linear regression equation found in the…
A company manufactures notebook computers. Its marketing research department, using statistical techniques, collected the data shown in the table, where p is the wholesale price per computer at which x thousand computers can be sold. Using special analytical techniques (regression analysis), an analyst produced the price-demand function p(x) = 2,400 - 40x, 1 ≤ x ≤ 25 to model the data. Complete parts (A) and (B) below. x(thousands) 1 3 19 24 25 p($) 2360 2280 1640 1440 1400
2. The local community hall is hired out at a rate of $20 per hour plus a fee of $60 for cleaning. (a) Write a formula relating total cost of hiring the hall to the number of hours required. Be sure to carefully define all variables that you use. (b) Complete the following table of values for the costs to hire the hall for the hours given Hours Required 1 2 3 4 Cost of Hall ($) (c) Plot the values from the table on a graph and draw a trend line. (d) Use your graph to determine the cost of hiring the hall for 4.5 hours. (e) If your group has only budgeted for a total of $130 for how long could they hire the hall?
Identify whether the following cost function is constant, linear, quadratic, cubic, etc. 2 C(Q) = Qʻ + Q + 7
Which among the following cost do not increase or decrease according to the volume of production? a. Total costs b. Fixed cost c. Semi-variable costs d. Variable cost
The demand equation for a certain product is 6p² + q² = 1,200, where p is the price per unit in dollars and q is the number of units demanded. Find dq/dp. OA. dq/dp - p/6q OB. dq/dp - 6p/q OC. dq/dp -q/6p OD. dq/dp - 6q/p ...
rials eo uations ow....zip Process . @ 2 D W Yaster Outfitters manufactures and sells extreme-cold sleeping bags. The table below shows the price-demand and total cost data, where: D • p is the wholesale price (in dollars) of a sleeping bag for a weekly demand of a sleeping bags; . C is the total cost (in dollars) of producing a sleeping bags. x (sleeping bags) p ($) 95 240 235 155 50 120 180 220 Use this data to create regression models to answer all of the questions below. #3 Price Model Find a quadratic regression equation for the price-demand data, using a as the independent variable. E p=a+bx+cr² Round a to the nearest integer, round b to 2 decimal places, and round c to 4 decimal places. Use this price model to answer question 1-2 below. $ 4 5 6 MacBook Pro C ($) 13,000 14,300 18,500 21,000 Y PEAR & * 8 ( 9 0 0 P A
Solve these :
For the following demand equation, express the total revenue R as a function of the price p per item. q = - 2p + 1600 OR=-2p² + 1600p 1600 OR= -2+ OR= -2p² OR= -2p² + 1600
The manufacturing laundry sinks has fixed costs if $100 per day but has total costs of $2,500 per day when producing 15 sinks. The company has a daily demand function of q =360 – p, where q is the number of laundry sinks demanded and p is the price of a laundry sink. 1. If we assume that the total cost per day is linearly related to the amount of sinks produced in a day, derive the total cost function of the company? 2. Find a function for the average cost of this company

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