The mangement of a company that manufactures surf boardsproduced the cost data i
ID: 3090500 • Letter: T
Question
The mangement of a company that manufactures surf boardsproduced the cost data in the table where C is thedaily cost for a daily output of x surfboards surfboards X daily cost C 7 940 10 1,780 12 2,280 19 2,660 28 3,930 (A) Use regression analysis to find a linear daily costfunction C(x)=ax+b that models the data in the table (B) dicuss the interpetation of the constents a and b (C) use the linear regression function withoutrounding to estimate the daily costs (to nearest doller) on aday when 25 surfboards are produced please show me how to get it The mangement of a company that manufactures surf boardsproduced the cost data in the table where C is thedaily cost for a daily output of x surfboards surfboards X daily cost C 7 940 10 1,780 12 2,280 19 2,660 28 3,930 (A) Use regression analysis to find a linear daily costfunction C(x)=ax+b that models the data in the table (B) dicuss the interpetation of the constents a and b (C) use the linear regression function withoutrounding to estimate the daily costs (to nearest doller) on aday when 25 surfboards are produced please show me how to get itExplanation / Answer
Okay, apologise for the delay. On the graph calc. go to "stats" may be "stats list" orsomething of that natue. Now, you can enter your x val. inone column and C in the other. Go to line reg. and selectyour data. You may have to type in list one and listtwo. Don't know what kind of calculator you have. Butafter selecting your data hit enter or solve. It should giveyou a screen that has y=ax+b, where a= 1.278, and b=3.749. You can do this for log funtions, expedential..... just make sureto plot some points to get a visual of the graph and choose afuntions that fits it the best. Hope you can understandthis.Related Questions
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