subject
Business, 07.06.2020 05:01 zalayjahan4793

Asoda vendor at Louisiana State University football games observes that more sodas are sold the warmer the temperature at game time is. Based on 32 home games covering five years, the vendor estimates the relationship between soda sales and temperature to be ^y = -240 + 8x, where y= ¼ the number of sodas she sells and x= ¼ temperature in degrees Fahrenheit. Required:
a. Interpret the estimated slope and intercept. Do the estimates make sense? Why, or why not?
b. On a day when the temperature at game time is forecast to be 800 F, predict how many sodas the vendor will sell.
c. Below what temperature are the predicted sales zero?
d. Sketch a graph of the estimated regression line.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 10:00
Frolic corporation has budgeted sales and production over the next quarter as follows. the company has 4100 units of product on hand at july 1. 10% of the next months sales in units should be on hand at the end of each month. october sales are expected to be 72000 units. budgeted sales for september would be: july august september sales in units 41,500 53,500 ? production in units 45,700 53,800 58,150
Answers: 3
question
Business, 22.06.2019 15:40
Rachel died in 2014 and her executor is finalizing her estate tax return. the executor has determined that rachel’s adjusted gross estate is $10,120,000 and that her estate is entitled to a charitable deduction in the amount of $500,000. using 2014 rates, calculate the estate tax liability for rachel’s estate.
Answers: 1
question
Business, 23.06.2019 00:30
You have been solicited to conduct a performance evaluation for a public organization that has been corrupted over issues of personnel embezzling funds. before actually conducting the evaluation, you—the evaluator—need to know certain specifics to conduct a thorough evaluation. compose a proposal that describes what type of evaluation will be conducted. in the proposal, explain the type of public organization. describe some of the main services, products, and activities the organization provides to the public. describe the size of the problem, who is affected by the problem, how long the problem has been in existence, and how long the evaluation will take. also, describe what the evaluation will assess with respect to organizational leadership. finally, what outcomes do you propose the evaluation will to achieve for the organization?
Answers: 2
question
Business, 23.06.2019 04:40
Which is not true of birthday and/or annual review automatics? a. the purpose is to trigger a telephone call for a face-to-face meeting.b. quarterly automatic contacts decrease cross-sales and lead to reduced referrals.c. you are expected to stay in touch with all your active prospects and clients through two personal contacts each year?
Answers: 1
You know the right answer?
Asoda vendor at Louisiana State University football games observes that more sodas are sold the warm...
Questions
question
Health, 30.12.2019 21:31
Questions on the website: 13722367