100% Use the information to answer the question.
Kanesha is making scented candles to sell at a craft fair. She buys a 5-pound (lb) package of candle wax, a package of 12 small candle tins that each
have a volume of 4 ounces (oz), and a package of 12 medium candle tins that each have a volume of 6 oz. Kanesha knows that 1 lb of candle wax
will fill 20 oz in volume. The sale prices of the candles are shown in the table.
Candle Tin Size Sale Price
4 OZ
$7.50
6 OZ $9.00
Kanesha will use all 5 lb of candle wax.
Assuming Kanesha sells all the scented candles she makes, how many candle tins of each size should she use in order to maximize the
amount of money she will earn at the craft fair? Enter the answers in the boxes.
small 4 oz candles
medium 6 oz candles
What is the maximum amount of money Kanesha will earn at the craft fair? Enter the answer in the box.
$

1. the manager of collins import autos believes the number of cars sold in a day (q) depends on two factors: (1) the number of hours the dealership is open (h) and (2) the number of salespersons working that day (s). after collecting data for two months (53 days), the manager estimates the following log-linear model: q 4 equation 1 a. explain, how to transform the log-linear model into linear form that can be estimated using multiple regression analysis. the computer output for the multiple regression analysis is shown below: q4 table b. how do you interpret coefficients b and c? if the dealership increases the number of salespersons by 20%, what will be the percentage increase in daily sales? c. test the overall model for statistical significance at the 5% significance level. d. what percent of the total variation in daily auto sales is explained by this equation? what could you suggest to increase this percentage? e. test the intercept for statistical significance at the 5% level of significance. if h and s both equal 0, are sales expected to be 0? explain why or why not? f. test the estimated coefficient b for statistical significance. if the dealership decreases its hours of operation by 10%, what is the expected impact on daily sales?