The value and interpretation of ∂ M ∂ c and ∂ M ∂ f at the point ( 0.7 , 0.7 ) when the fraction of Mazda car owners who chose another new Mazda can be modeled by the function M ( c , f ) = 9.4 + 7.8 c + 3.6 c 2 − 38 f − 22 c f + 43 f 2 where c is the fraction of Chrysler car owners who remained loyal to Chrysler and f is the fraction of Ford car owners remaining loyal to Ford.
The value and interpretation of ∂ M ∂ c and ∂ M ∂ f at the point ( 0.7 , 0.7 ) when the fraction of Mazda car owners who chose another new Mazda can be modeled by the function M ( c , f ) = 9.4 + 7.8 c + 3.6 c 2 − 38 f − 22 c f + 43 f 2 where c is the fraction of Chrysler car owners who remained loyal to Chrysler and f is the fraction of Ford car owners remaining loyal to Ford.
Solution Summary: The author calculates the tion of Mazda car owners who chose another new Mazda by using the functions M(c,f) and underset_partial M
To calculate: The value and interpretation of ∂M∂c and ∂M∂f at the point (0.7,0.7) when the fraction of Mazda car owners who chose another new Mazda can be modeled by the function M(c,f)=9.4+7.8c+3.6c2−38f−22cf+43f2 where c is the fraction of Chrysler car owners who remained loyal to Chrysler and f is the fraction of Ford car owners remaining loyal to Ford.
(b)
To determine
To calculate: The percentage of Mazda owners who remained loyal to Mazda when in one year it was observed that c=0.56 and f=0.56, if the fraction of Mazda car owners who chose another new Mazda can be modeled by the function M(c,f)=9.4+7.8c+3.6c2−38f−22cf+43f2 where c is the fraction of Chrysler car owners who remained loyal to Chrysler and f is the fraction of Ford car owners remaining loyal to Ford.
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