AAA Inc sells metal sports bottles. The bottles sell for $3.00. Regression for the number of bottle sold and the related costs appear below. Multiple R R Square Adjusted R Square Standard Error Coefficients 0.981063 0.962484 0.949978 672.8269 Std Error t Stat 95% P-value 95% 9305.639 0.269128 0.8052E-06 -27110.3 Intercept 32119.11 Variable 11 0.226296 8.77299 0.0019E-04 1.265119 2.70547 CH 4 AP. If the company sold 20% more units in the next month, total costs will 2504.41 1.98 O Increase in total and decrease per unit O Decrease in total and decrease per unit 95% -27110.3 1.265119 Decrease in total and increase per unit O Increase in total and increase per unit 95% 32119.11 2.70547

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter3: Polynomial Functions
Section3.5: Mathematical Modeling And Variation
Problem 2ECP
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AAA Inc sells metal sports bottles. The bottles sell for $3.00. Regression for the number of bottles
sold and the related costs appear below.
Multiple R
R Square
Adjusted R Square
Standard Error
Coefficients
0.981063
0.962484
0.949978
672.8269
2504.41
1.98
95%
95%
95%
t Stat P-value
Std Error
95%
-27110.3 32119.11
9305.639 0.269128 0.8052E-06 -27110.3 32119.11
0.226296 8.77299 0.0019E-04 1.265119 2.70547 1.265119 2.70547
Intercept
Variable 1
CH 4 AP. If the company sold 20% more units in the next month, total costs will
Increase in total and decrease per unit
O Decrease in total and decrease per unit
O Decrease in total and increase per unit
O Increase in total and increase per unit
Transcribed Image Text:AAA Inc sells metal sports bottles. The bottles sell for $3.00. Regression for the number of bottles sold and the related costs appear below. Multiple R R Square Adjusted R Square Standard Error Coefficients 0.981063 0.962484 0.949978 672.8269 2504.41 1.98 95% 95% 95% t Stat P-value Std Error 95% -27110.3 32119.11 9305.639 0.269128 0.8052E-06 -27110.3 32119.11 0.226296 8.77299 0.0019E-04 1.265119 2.70547 1.265119 2.70547 Intercept Variable 1 CH 4 AP. If the company sold 20% more units in the next month, total costs will Increase in total and decrease per unit O Decrease in total and decrease per unit O Decrease in total and increase per unit O Increase in total and increase per unit
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