The relationship between the amount of money x that Cannon Precision Instruments spends on advertising and the company's total sales S(x) is given by the following function where S(x) and x are both measured in thousands of dollars. S(x) = -0.002x + 0,7x2 + 3x + 500 (0 sxs 200) Find S'(x), the rate of change of the sales with respect to the amount of money spent on advertising. s'(x) = At what rate (in dollars per thousand dollars of advertising) are Cannon's total sales increasing when the amount of money spent on advertising is $100,000? $ per thousand dollars of advertising At what rate (in dollars per thousand dollars of advertising) are Cannon's total sales increasing when the amount of money spent on advertising is $150,000? per thousand dollars of advertising Are Cannon's total sales increasing at a faster rate when the amount of money spent on advertising is $100,000 or $150,000? O $100,000 O $150,000 Need Help? Read It

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.