A small grocer finds that the monthly sales y (in $ ) can be approximated as a function of the amount spent advertising on the radio x 1 (in $ ) and the amount spent advertising in the newspaper x 2 (in $ ) according to y = a x 1 + b x 2 + c . The table gives the amounts spent in advertising and the corresponding monthly sales for 3 months. a. Use the data to write a system of linear equations to solve for a , b , and c . b. Use a graphing utility to find the reduced row-echelon form of the augmented matrix. c. Write the model y = a x 1 + b x 2 + c . d. Predict the monthly sales if the grocer spends $ 2500 advertising on the radio and $ 500 advertising in the newspaper for a given month.
A small grocer finds that the monthly sales y (in $ ) can be approximated as a function of the amount spent advertising on the radio x 1 (in $ ) and the amount spent advertising in the newspaper x 2 (in $ ) according to y = a x 1 + b x 2 + c . The table gives the amounts spent in advertising and the corresponding monthly sales for 3 months. a. Use the data to write a system of linear equations to solve for a , b , and c . b. Use a graphing utility to find the reduced row-echelon form of the augmented matrix. c. Write the model y = a x 1 + b x 2 + c . d. Predict the monthly sales if the grocer spends $ 2500 advertising on the radio and $ 500 advertising in the newspaper for a given month.
Solution Summary: The author explains the required system of linear equations to solve for a,bandc by using the given data.
A small grocer finds that the monthly sales
y
(in
$
) can be approximated as a function of the amount spent advertising on the radio
x
1
(in
$
) and the amount spent advertising in the newspaper
x
2
(in
$
) according to
y
=
a
x
1
+
b
x
2
+
c
.
The table gives the amounts spent in advertising and the corresponding monthly sales for
3
months.
a. Use the data to write a system of linear equations to solve for
a
,
b
, and
c
.
b. Use a graphing utility to find the reduced row-echelon form of the augmented matrix.
c. Write the model
y
=
a
x
1
+
b
x
2
+
c
.
d. Predict the monthly sales if the grocer spends
$
2500
advertising on the radio and
$
500
advertising in the newspaper for a given month.
Elementary Statistics: Picturing the World (7th Edition)
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