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Use the two top images to answer the bottom one. Yaster Outtters manufactures and sells extreme-cold sleeping bags. The table below shows the price-demand and
Use the two top images to answer the bottom one.
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. 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. Question 11 2 pts Use the cost model above to answer this question. Use the weekly cost model to estimate the total weekly cost when the weekly demand is 212. Round to the nearest dollar. $Step by Step Solution
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