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Use the top 3 images to help determine the answer for the bottom one. Question 22 Use the prot model above to answer this question.
Use the top 3 images to help determine the answer for the bottom one.
Question 22 Use the prot model above to answer this question. What is t? Round to 4 decimal places. Yaster Outtters manufactures and sells extreme-cold sleeping bags. The table below shows the price-demand and total cost data, where: I p is the wholesale price (in dollars) of a sleeping bag for a weekly demand of a: sleeping bags; - C is the total cost (in dollars) of producing a: sleeping bags. 120 235 14,300 180 155 18,500 Use this data to create regression models to answer all of the questions below. Price Model Find a quadratic regression equation for the price-demand data, using :13 as the independent variable. p = a, + be: + (33:2 Round a to the nearest integer, round b to 2 decimal places, and round a to 4 decimal places. Use this price model to answer question 1-2 below. Cost Model Find a linear regression model for the weekly cost data, using a: as the independent variable. C(33) 2 ma: + 1: Round m to 1 decimal place, and round 1:: to the nearest integer. Use this cost model to answer questions 9-15 below. Prot Model Use the revenue and cost models above to construct a model for prot. Find a model for the weekly prot, using :1: as the independent variable. P(:r;) = r + use + 5:132 + (503 NOTE: Do not calculate another regression. Use the fact that prot is revenue minus cost. Round 1\" to the nearest integer, round 11. to 1 decimal place, round .9 to 2 decimal places, and round t to 4 decimal places. Use this prot model to answer questions 16-29 belowStep by Step Solution
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