The following is an estimated demand function: Q = 875 + 6X +15Y − 5P Where Q is quantity sold, X is advertising expenditure (in thousands of dollars), Y is income (in thousands of dollars), and P is the good's price. The R2 was 0.92; the F-statistic was 57; the Standard Error of the Estimate (SEE) is 25. In the above regression: A. income has the highest importance in predicting sales. B. all of the options. C. the regression model is capable of explaining 92% of sales. D. if price increases 10 dollars, the sales will decrease 50.

Answers

Answer 1

Answer:

See step by step explanation

Step-by-step explanation:

Q = 875  + 6 * Adv. expenditure + 15* Income - 5 * Product price

A.- As we can see each unitary change (in thousands of $) in Income, will mean an increase of  15 $ (thousands ) in the demand function, the highest impact in Q

C.- The regression model is capable of explaining  92 % of the variation in Q due to the predictors.

D.- If the price is increased by 10 $ demand will decrease in 50


Related Questions


Someone PLEASEEE HELP ME WITH THISSS

Answers

Answer:

6 out of 100 and 3 out of 50

Step-by-step explanation:

can someone pls help me i’m stressed out over this. all you have to do is find the area of the shaded part, thank you sm <3

Answers

Answer:

88.86

Step-by-step explanation:

Okay, first find the area of the circle (πr^2)

The diameter of the circle is 14, however we need the radius. Simply divide the diameter by two.

[tex]\pi 7^{2}[/tex]

3.14*49 =153.86

Next, we find the area of the rectangle (bh)

13*5 =65

Subtract the rectangle from the circle.

153.86-65 =88.86

Hope this helps you :)

3 that aren’t answered please, ill give brainiest

Answers

Answer:

7: 113.1 yd

In terms of Pi: 36π

8: 326.85 in

In terms of Pi: 104π

6: 452.39 km

In terms of Pi: 144π

Step-by-step explanation:

10. Simplify x + 6 - 3x – 8.

Answers

Answer: =-2(x+1)

Step-by-step explanation:

Answer:

-2x-2

Step-by-step explanation:

6-8=-2

x-3x=-2x

WILL MARK BRAINLEST
Does the volume of a cone increase more when you double the height of the original or when you double its radius? Explain why.

Answers

Answer:

When you double it's radius

Step-by-step explanation:

Volume of cone = 1/3(π)(r²)h

the height is a constant proportion but the radius is squared in the calculation of the base area.

Doubling the height would double the volume. Doubling the radius would more than double the volume.

Example:

a height of 4 to a height of 8 would double the volume. (the base would not change)

a radius of 4 to a radius of 8 would triple the volume. ( the base area would go from 16π to 64π)

The owner of a company determines the median and mean salaries for his 20 employees. The median salary is $41,000, and the mean is $52,000. Which BEST explains why the mean is so much greater than the median?

Answers

Because most of his employees are making close to the lower amount of around 40-45 thousand. But he employs some people at around 65-70 thousand which brings the average up to 52,000

giving brainliest!!! easy

Answers

Answer:

216

Step-by-step explanation:

area of one side-6x6=36. 36x6=216

https://discord.com/channels/831320243858178088/831320244437254146/831690199184179221Step-by-step explanation:

A rectangular lawn measuring 24 feet by 16 feet is surrounded by a flower bed of uniform width. The combined area of the lawn and the flower bed is 660 square feet. What is the width of the flower bed?

Answers

Answer:

6 feet

Step-by-step explanation:

(24+x)(16+x)=660

384+24x+16x+x²=660

x²+40x-276=0

x`= 6

x```= -46......no serve

Answer......is 6 feet

The width of the flower bed is  6 feet.

What is the area of a rectangle?The area of any shape is the number of unit squares that fit inside it. Here "unit" refers to 1, and a unit square is a square with sides of 1 unit.So the area of a rectangle is the number of unit squares within the bounds of the rectangle.Alternatively, the space occupied around this shape is called the area of the rectangle.The area occupied by the bounding rectangle is called the rectangular area.Area can be defined as the amount of space covered by a plane of a particular shape.It is measured in "number" of square units (square centimeters, square inches, square feet, etc.).The area of a rectangle is the number of unit squares that fit in the rectangle.Examples of rectangles are flat surfaces such as laptop monitors, chalkboards, and canvases.

6 feet is the width of the flower bed.

(24+x)(16+x)=660

384+24x+16x+x²=660

x²+40x-276=0

x`= 6

x```= -46 which cannot be the case, therefore 6 feet is the width of the flower bed.

To learn more about area, refer

brainly.com/question/25292087

#SPJ2

Simplify 2y + 3y / 2 + 6y + 7y2

Answers

Answer:

19y/2 + 7y2

Step-by-step explanation:

I added all the like terms and got 11y+2+7y2

Solve the system using subtraction
X+4y =26
4x+5y=27
Please help explain how to do this with finding correct answer

Answers

The answer is x=9 I’ve just did this problem once you take 4x+5 you’ll get 8

10 Points Please help me

Answers

4/5 should be the answer

What does 2/6 + 3/6 equal?

Answers

Answer:

0.83333333333

Step-by-step explanation:

69 POINTS PLS ACTUALLY ANSWER IT NEED THIS FAST The value of the expression 2/3+3/2-3x4-5/2 divided by 5+(7x4) is what?

Answers

Answer:

your answer is "17.6666666667"

Step-by-step explanation:

Jackson is interested in the number of memories people can recall. He knows that the number of memories recalled is normally distributed in the general population, with a population mean of 30 and a population standard deviation of 5. What is the probability that Jackson randomly selects a person from this population who recalls between 26 and 29 memories

Answers

Answer:

0.2088 = 20.88% probability that Jackson randomly selects a person from this population who recalls between 26 and 29 memories.

Step-by-step explanation:

Normal Probability Distribution:

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Population mean of 30 and a population standard deviation of 5.

This means that [tex]\mu = 30, \sigma = 5[/tex]

What is the probability that Jackson randomly selects a person from this population who recalls between 26 and 29 memories?

This is the pvalue of Z when X = 29 subtracted by the pvalue of Z when X = 26. So

X = 29

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{29 - 30}{5}[/tex]

[tex]Z = -0.2[/tex]

[tex]Z = -0.2[/tex] has a pvalue of 0.4207

X = 26

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{26 - 30}{5}[/tex]

[tex]Z = -0.8[/tex]

[tex]Z = -0.8[/tex] has a pvalue of 0.2119

0.4207 - 0.2119 = 0.2088

0.2088 = 20.88% probability that Jackson randomly selects a person from this population who recalls between 26 and 29 memories.

4 1/8 take away 1 1/2

Answers

I think it’s 2 5/8 but I’m not sure!

Arvida scored 40 points in the first game against Ammons Middle. During the second game Arvida scored 56 points. By what percent did the points scored change

Answers

Answer:

40%

hope this helped :)

40 percent is the answer

What is the value of the expression (9+6)×3 when simplified?
PLEASE HELP

Answers

Answer:

The answer would be 45

The answer is gonna be 45 have a good day

There are 7 red marbles, 7 blue marbles, 7 yellow marbles, and 7 green marbles in a bag. If a person randomly selects 1 marble from the bag, what is the probability that the person selects a blue marble?​

Answers

Total marbles: 7 + 7 + 7 + 7 = 28

There is a total of 28 marbles. 7 are blue.

The probability is the number of blue/ total marbles = 7/28 which reduces to 1/4

The probability is 1/4

Answer:

have a good day/night may i please have a branllist

Step-by-step explanation:

1/3

There is 21 marbles and if you divided by 3 it gets 7.

7/21 is equal to 1/3

Therefore the possibility of picking a blue marble is 1/3.

there are an equal amount of all three colors of marbles in the bag, so the probability of selecting a blue marble is just 1/3.

8. You deposit $1600 in a bank account. Find the balance after 3 years. The account pays 2% annual interest compounded
quarterly.

Answers

Here is the solution to your question.

I need this help me

Answers

Step-by-step explanation:

the answer is 2/9

2/9 is .2222222 continuing

2/10 is 0.2

22/1000 is 0.022

2/8 is 0.25

Select the correct answer.
f(x)=21 + 3?
41 – 8
Which graph shows the asymptotes of the function

Answers

Answer:

answer is b jejejejsjsjwj

2p – 194.99 = 284.97

Answers

If solving for p, it is 239.98 bc when 284.97+194.99, 2p=479.96

What integer represent 11 degrees above zero?

Answers

It would be 11 since an integer above zero is positive and an integer below zero is a negative

Hey answer equation please thanks

Answers

Answer:

30 y

Step-by-step explanation:

We need to multiply 5 by 4y and 5 by 2 y

20y + 10y = 30y

Answer:

30 y

Step-by-step explanation:

You are supposed to distribute(multiply) the 5 with 4y+2y inside the parentheses. Just multiply the 4y by 5 to get 20y and then 2 y with 5 to get 10 y. Your answer should be come out to be 20y + 10y. Since they both use the same variable (y), add them together to get 30y

Sam kicks a ball from the ground with an initial velocity of 48 feet per second. The ball soars into the air, arcs down with parabolic motion, and lands back on the ground. Write an equation to describe the height of the ball as a function of time, using the vertical motion formula below.


h(t)=-16t^(2)+v_(0)t+s


solve the equation and explain the solution

Answers

Answer:

the answer is most likely x=5squa4ed

Convert: 2,640 yards miles and yards​

Answers

Answer:

1.5 miles

Step-by-step explanation:

Formula

divide the length value by 1760

Hope it helps you!

follow me for more!

I'm willing to help

NOTE: This is a multi-part question. Once an answer is submitted, you will be unable to return to this part. Suppose that one person in 10,000 people has a rare genetic disease. There is an excellent test for the disease; 99.6% of people with the disease test positive and only 0.05% who do not have the disease test positive. What is the probability that someone who tests positive has the genetic disease

Answers

Answer:

The probability that someone who tests positive has the genetic disease is approximately 0.166 or 16.6% who tests positive actually has the disease

Step-by-step explanation:

The number of persons in 10,000 people that have the disease = One

The percentage of people with the disease that test positive = 99.6%

The percentage of people who do not have the disease test positive = 0.05%

The probability that someone who tests positive has the genetic disease

[tex]P(disease | positive) = \dfrac{P(disease) \cdot P(positive | disease)}{P(disease) \cdot P(positive | disease) + P(nodisease) \cdot P(positive | nodisease)}[/tex]

P(disease) = 0.01% = 0.0001

P(positive disease)  = 99.6% = 0.996

P(nodisease) = (10,000,000 - 100)/10,000,000 = 99.99% = 0.9999

P(positivenodisease) = 0.05% = 0.0005

Whereby 10,000,000 people are tested, 1000 out of the 1,000,000 will have the disease, 1,000 - 0.996 × 1000 = 4 people out of the 1,000 will test negative while 996 will test positive. From the 9,999,000 people who do not have the disease, 9,999,000 × 0.0005 = 4999.5 will give positive test results.

Therefore, the total number of people that tests positive = 4,999.5 + 996 = 5,995.5

Therefore, out of the 5,995.5 that test positive for the disease, 996 will test positive

The probability that someone who tests positive has the genetic disease, P(disease positive) = 996/5,995.5 ≈ 0.166 or 16.6%

Therefore, approximately 16.6% of the people that test positive for the disease actually has the disease

We have;

[tex]P(disease | positive) = \dfrac{0.0001 \times 0.996}{0.0001 \times 0.996 + 0.9999 \times 0.0005} = 0.16612459344[/tex]

what does 3 x 2/5 equal?

Answers

Answer:

you would get 1.2

Answer:

Step-by-step explanation:

exact form 6/5

decimal form 1.2

mixed number form 1 1/5

what is the range of magazines sold?


please answer will give brainliest

Answers

Answer:

range: 8

Step-by-step explanation:

In order to find the range you need the minimum and maximum

minimum: 17

maximum: 25

Subtract

25-17=8

Janine charges $8.25 per hour to walk dogs. She
walks dogs for 3 hours on Saturday and 4 hours on
Sunday. She calculates her total pay to be $57.75.
Which equation could be used to check the reasonableness of her total?

Answers

Answer:

walks dogs for 3 hours on Saturday and 4 hours on

Sunday. She calculates her total pay to be $57.75.

Which equation could be used to check the reasonableness of her total?

Step-by-step explanation: concept

Answer: Multipulcation

Step-by-step explanation:

The reason why is because you would first need to calculate how much she is owed [8.25 x 3 +(8.25 x 4)]

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