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shywelch123
06.05.2020 •
Mathematics
A regression analysis was performed to determine the relationship between the costs of a product (y), the time to make the product (x 1), the number of different materials used (x2), and the amount spent on marketing the product (x 3). The estimated regression equation is ý = 83 - 2x1 + 6x 2 + 1.1X 3. What is the estimated cost if the time to make the product is 5 hours, the number of different materials used is 4, and the amount spent on marketing is $100?
a. 83
b. 185.4
c. 213
d. 205.4
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Ответ:
Correct option: (b) 185.4.
Step-by-step explanation:
The regression analysis is used to predict the value of the response variable (Y) based on one or more than one experimental variable(s) (X).
The general form of the regression equation is:
Here,
α = intercept
The regression equation of costs of a product (y) based on the time to make the product (x₁), the number of different materials used (x₂), and the amount spent on marketing the product (x₃) is:
The information provided is:
x₁ = 5 hours
x₂ = 4
x₃ = $100
Compute the value of y for the given values as follows:
Thus, the estimated cost of a product is $185.4.
Ответ:
1 year= $280
Step-by-step explanation:
30% of 400= 0.3 * 400= 120
400-120= 280
after one year the playstation cost 280
30% of 280= 0.3 * 280= 84
280-84= 196
after 2 years it cost $196
multiply the number by 0.3 to get 30% of the total