Let Y represent the profit (or loss) for a certain company X years after 1970. Based on the data shownbelow, a statistician calculates a linear model Y = 1.63X + 19.25.Xy221.743 22.56426.98529.1629.627 31.34831.06933.28Use the model to estimate the profit in 1978st

Let Y represent the profit (or loss) for a certain company X years after 1970. Based on the data…

Answered: Use the model to estimate the profit in…

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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Each month, a salesman earns a base salary of $621.00 plus 5% commission on sales. Use C for total monthlycompensation and S for total monthly sales, both in dollars.A: Find a formula that gives total compensation as a linear function of total monthly sales.B: What monthly sales lead to a total monthly compensation of $3850?C: How is total monthly compensation affected if sales are increased by $5156.00?
The table below shows the closing monthly stock prices for Penn Company and Teller, Incorporated. Calculate the exponential three month moving average for both stocks where two-thirds of the average weight is placed on the most recent price, table is in picture
Assume $3000 is invested at 8%. Find a model for the growth of this investment, if the interest is compounded annually, and compute the yield.
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Cell Phones Using the CTIA Wireless Survey for1985–2009, the number of U.S. cell phone subscribers (in millions) can be modeled byy = 0.632x2 - 2.651x + 1.209where x is the number of years after 1985.a. Graphically find when the number of U.S.subscribers was 301,617,000.b. When does the model estimate that the number ofU.S. subscribers would reach 359,515,000?c. What does the answer to (b) tell about this model?
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