BrycelynnQ287908 BrycelynnQ287908
  • 03-11-2022
  • Mathematics
contestada

What is the residual of a performance with a revenue of $700 and 70 seats occupied?

What is the residual of a performance with a revenue of 700 and 70 seats occupied class=

Respuesta :

JenaviF419148 JenaviF419148
  • 03-11-2022
[tex]\begin{gathered} \text{Calculate the total revenue using the least regression equation} \\ \hat{y}=-325+14x \\ \text{At }70\text{ seats that is} \\ \hat{y}=-325+14x(70) \\ \hat{y}=-325+980 \\ \hat{y}=655 \\ \text{Now that we have the predicted revenue, get the residual by} \\ \text{Residual}=y-\hat{y} \\ \text{Residual}=700-655 \\ \text{Residual}=45 \\ \text{Therefore, the residual of the performance is \$45.} \end{gathered}[/tex]

Answer Link

Otras preguntas

HELPPPPPPP PLZZZZZ ASAPPPPPP PLZZZZZZZZ
Based on your understanding of the scenario, why was the claim rejected? The claim was submitted for the wrong patient. ICD-10-CM codes are used to code claims
What is the difference between Multiplication and Division?
Match the vocabulary to the correct operation PLZ ANSWER:(
HURRYYYYYYY?! ILL MARK BRAINLIEST. How did industrialization contribute to the changing role of women in the late 1800s? Women who worked outside the home were
Write an algebraic expression that models the word phrase. the product of 2 and the sum of a number x and 16
What are the two branches of quantitative management?
What causes blood cells to shrink?
On October 1, 2009, the Nintendo Wii's Japanese price dropped from ¥25,000 to ¥20,000. In the three months after the price drop, Japanese sales of the Wii were
Could an an average star become a neutron star?