Answer: 387.93 units
Step-by-step explanation:
You have the following information given in the problem above:
- The sales had dropped 33% from one quarter to the next.
- The owner sold 579 units in the first quarter.
Thefore, to calculate the number of units she sold in the next quarter (which you can call x), you must can apply the following proccedure:
Then the answer is the following:
Answer:
-0.20
Step-by-step explanation:
Given the data:
Age at auction (x) ____price sold (y)
391
51
32
84
47
104
88
43
470
51
Y:
76.9
95.4
86.3
49.3
80
57
47.8
80
70
86.9
General formula for a simple linear regression :
y = ab + c
Where ;
y = predicted variable ; a = slope / gradient
b = predictor / independent variable ; c = intercept
From the result obtained from the calculator :
y = -0.01246X + 74.65552
Correlation Coefficient is used to measure the strength of relationship between linear variables.
The regression Coefficient obtained is - 0.20
This shows that there is a weak negative correlation between the age at auction and the price at which painting is sold. This is because the negative sign means that value of y decreases as x increases or vice versa, however, due to a correlation vale which is closer to 0 than 1 or - 1, we can conclude that the negative relationship between the variables is weak.
THE MEDIAN IS THE MIDDLE NUMBER IS 86 AND 90
X times S = $27. X is the cost of the large sacks and S is the amount of sacks. Once they are multiplied it should equal $27. If this is incorrect please let me know so I can try and correct mistakes made.
