The shareholder's equity z (in billions of dollars) for a major corporation from 2000 to 2006 can be modeled by z = 0.21x - 0.071y - 0.727, where x is net sales (in billions of dollars) and y is the total assets (in billions of dollars). (a) Find the shareholder's equity when x = 400 and y = 130. (Round your answer to three decimal places.) billion (b) Which of the two variables in this model has the greater influence on shareholder's equity? Explain your answer. -variable has the greater influence because Need Help?

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter4: Linear Functions
Section4.2: Modeling With Linear Functions
Problem 58SE: When hired at a new job selling electronics, you aregiven two pay options: • Option A: Base salary...
icon
Related questions
Question
100%

The shareholder's equity z (in billions of dollars) for a major corporation from 2000 to 2006 can be modeled by 

z = 0.21x − 0.071y − 0.727,

 where x is net sales (in billions of dollars) and y is the total assets (in billions of dollars).

(a) Find the shareholder's equity when x = 400 and y = 130. (Round your answer to three decimal places.)
The shareholder's equity z (in billions of dollars) for a major corporation from 2000 to 2006 can be modeled by z = 0.21x - 0.071y - 0.727, where x is net sales (in billions of dollars) and y is the total assets (in billions of dollars).
(a) Find the shareholder's equity when x = 400 and y = 130. (Round your answer to three decimal places.)
$
billion
(b) Which of the two variables in this model has the greater influence on shareholder's equity? Explain your answer.
v ?
variable has the greater influence because
Need Help?
y
It
Transcribed Image Text:The shareholder's equity z (in billions of dollars) for a major corporation from 2000 to 2006 can be modeled by z = 0.21x - 0.071y - 0.727, where x is net sales (in billions of dollars) and y is the total assets (in billions of dollars). (a) Find the shareholder's equity when x = 400 and y = 130. (Round your answer to three decimal places.) $ billion (b) Which of the two variables in this model has the greater influence on shareholder's equity? Explain your answer. v ? variable has the greater influence because Need Help? y It
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer