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Yaster Outfitters manufactures and sells extreme-cold sleeping bags. The table below shows the price-demand and total cost data, where: • p is the wholesale price (in dollars) of a sleeping bag for a weekly demand of a sleeping bags; • C is the total cost (in dollars) of producing a sleeping bags. x (sleeping bags) p ($) C ($) 95 240 13,000 120 235 14,300 180 155 18,500 220 50 21,000 Find a quadratic regression equation for the price-demand data, using a as the independent variable. p= a + bx + cx² Round a to the nearest integer, round b to 2 decimal places, and round c to 4 decimal places. Use the price model to estimate the price per sleeping bag when the weekly demand is 192. Round to the nearest cent. $4 per sleeping bag

Yaster Outfitters manufactures and sells extreme-cold sleeping bags. The table below shows the price-demand and total cost data, where: • p is the wholesale price (in dollars) of a sleeping bag for a weekly demand of a sleeping bags; • C is the total cost (in dollars) of producing a sleeping bags. x (sleeping bags) p ($) C ($) 95 240 13,000 120 235 14,300 180 155 18,500 220 50 21,000 Find a quadratic regression equation for the price-demand data, using a as the independent variable. p= a + bx + cx² Round a to the nearest integer, round b to 2 decimal places, and round c to 4 decimal places. Use the price model to estimate the price per sleeping bag when the weekly demand is 192. Round to the nearest cent. $4 per sleeping bag

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter1: Expressions And Functions
Section1.5: Descriptive Modeling And Accuracy
Problem 29PFA
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What is the price per bag when weekly demand is 192? 

Yaster Outfitters manufactures and sells extreme-cold sleeping bags. The table below shows the price-demand and total cost data, where: p is the wholesale price (in dollars) of a sleeping bag for a weekly demand of r sleeping bags; C is the total cost (in dollars) of producing x sleeping bags. a (sleeping bags) p ($) C ($) 95 240 13.000 120 235 14,300 180 155 18,500 220 50 21,000 重 Find a quadratic regression equation for the price-demand data, using x as the independent variable. 2 p= a + bx + cx² Round a to the nearest integer, round b to 2 decimal places, and round c to 4 decimal places. Use the price model to estimate the price per sleeping bag when the weekly demand is 192. Round to the nearest cent. %24 per sleeping bag Dse DFocus Ecessibility: Investigate 15%
Transcribed Image Text:Yaster Outfitters manufactures and sells extreme-cold sleeping bags. The table below shows the price-demand and total cost data, where: p is the wholesale price (in dollars) of a sleeping bag for a weekly demand of r sleeping bags; C is the total cost (in dollars) of producing x sleeping bags. a (sleeping bags) p ($) C ($) 95 240 13.000 120 235 14,300 180 155 18,500 220 50 21,000 重 Find a quadratic regression equation for the price-demand data, using x as the independent variable. 2 p= a + bx + cx² Round a to the nearest integer, round b to 2 decimal places, and round c to 4 decimal places. Use the price model to estimate the price per sleeping bag when the weekly demand is 192. Round to the nearest cent. %24 per sleeping bag Dse DFocus Ecessibility: Investigate 15%
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