Profit Model Use the models computed to find a model for the weekly profit, using x as the independent variable. P(x) =r+ux + sx? + tx³ NOTE: Do not calculate another regression. Use the fact that profit is revenue minus cost. Round r to the nearest integer, round u to 1 decimal place, round s to 2 decimal places, and round t to 4 decimal places. What is t? Round to 4 decimal places. 4419 DFocus Accessibility: Investigate 10:21 PM 13% OLC 11/16/2021 earch PrtSc Insert Delete F11 F12 F9 F10 F6 F7 F8 F4 F5 F3 Backspace Num Lock 2. Yaster Outfitters manufactures and sells extreme-cold sleeping bags. The table below shows the price-demand and total cost data, where: •pis the wholesale price (in dollars) of a sleeping bag for a weekly demand of r sleeping bags: • Cis the total cost (in dollars) of producing a sleeping bags. (sleeping bags) ($) d ($)) 0000 14,300 95 120 235 180 155 18,500 220 21.000 Find a quadratic regression equation for the price-demand data, using a as the independent variable. Round a to the nearest integer, round b to 2 decimal places, and round c to 4 decimal places. Revenue Model Using the regression model computed above, find a model for the weekly revenue, using x as the independent variable. NOTE: Do not calculate another regression. Use the price equation to find a model for revenue ·¤ - d = (x) +o) – x . d = (a + bx + cx²)x + cx³ E*5 + Tq + xp = (a) Cost Model Find a linear regression model for the weekly cost data, using x as the independent variable. Round m to 1 decimal place, and round k to the nearest integer. (x)) Page 1 of 1 O words * Accessibility: Investigate P Type here to search +Do F5 F6 23 3. F8 F10 24 & 5.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter7: Analytic Trigonometry
Section7.6: The Inverse Trigonometric Functions
Problem 94E
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Question
100%

What is t? 

Profit Model
Use the models computed to find a model for the weekly profit, using x as the independent variable.
P(x) =r+ux + sx? + tx³
NOTE: Do not calculate another regression. Use the fact that profit is revenue minus cost.
Round r to the nearest integer, round u to 1 decimal place, round s to 2 decimal places, and round t
to 4 decimal places.
What is t? Round to 4 decimal places.
4419
DFocus
Accessibility: Investigate
10:21 PM
13%
OLC
11/16/2021
earch
PrtSc
Insert
Delete
F11
F12
F9
F10
F6
F7
F8
F4
F5
F3
Backspace
Num
Lock
Transcribed Image Text:Profit Model Use the models computed to find a model for the weekly profit, using x as the independent variable. P(x) =r+ux + sx? + tx³ NOTE: Do not calculate another regression. Use the fact that profit is revenue minus cost. Round r to the nearest integer, round u to 1 decimal place, round s to 2 decimal places, and round t to 4 decimal places. What is t? Round to 4 decimal places. 4419 DFocus Accessibility: Investigate 10:21 PM 13% OLC 11/16/2021 earch PrtSc Insert Delete F11 F12 F9 F10 F6 F7 F8 F4 F5 F3 Backspace Num Lock
2.
Yaster Outfitters manufactures and sells extreme-cold sleeping bags. The table below shows the
price-demand and total cost data, where:
•pis the wholesale price (in dollars) of a sleeping bag for a weekly demand of r sleeping bags:
• Cis the total cost (in dollars) of producing a sleeping bags.
(sleeping bags)
($) d
($))
0000
14,300
95
120
235
180
155
18,500
220
21.000
Find a quadratic regression equation for the price-demand data, using a as the independent variable.
Round a to the nearest integer, round b to 2 decimal places, and round c to 4 decimal places.
Revenue Model
Using the regression model computed above, find a model for the weekly revenue, using x as the
independent variable.
NOTE: Do not calculate another regression. Use the price equation to find a model for revenue
·¤ - d = (x)
+o) – x . d =
(a + bx + cx²)x
+ cx³
E*5 + Tq + xp =
(a)
Cost Model
Find a linear regression model for the weekly cost data, using x as the independent variable.
Round m to 1 decimal place, and round k to the nearest integer.
(x))
Page 1 of 1
O words
* Accessibility: Investigate
P Type here to search
+Do
F5
F6
23
3.
F8
F10
24
&
5.
Transcribed Image Text:2. Yaster Outfitters manufactures and sells extreme-cold sleeping bags. The table below shows the price-demand and total cost data, where: •pis the wholesale price (in dollars) of a sleeping bag for a weekly demand of r sleeping bags: • Cis the total cost (in dollars) of producing a sleeping bags. (sleeping bags) ($) d ($)) 0000 14,300 95 120 235 180 155 18,500 220 21.000 Find a quadratic regression equation for the price-demand data, using a as the independent variable. Round a to the nearest integer, round b to 2 decimal places, and round c to 4 decimal places. Revenue Model Using the regression model computed above, find a model for the weekly revenue, using x as the independent variable. NOTE: Do not calculate another regression. Use the price equation to find a model for revenue ·¤ - d = (x) +o) – x . d = (a + bx + cx²)x + cx³ E*5 + Tq + xp = (a) Cost Model Find a linear regression model for the weekly cost data, using x as the independent variable. Round m to 1 decimal place, and round k to the nearest integer. (x)) Page 1 of 1 O words * Accessibility: Investigate P Type here to search +Do F5 F6 23 3. F8 F10 24 & 5.
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