Suppose the Kalamazoo Brewing Company (KBC) currently sells its microbrews in a seven-state area: Illinois, Indiana, Michigan, Minnesota, Mississippi, Ohio, and Wisconsin. The company’s data analytics department has collected data from its distributors in each state. This data consists of the quantity and price (per case) of microbrews sold in each state, as well as the average income (in thousands of dollars) of consumers living in various regions of each state. The data for each state are available via the link below--please note there are multiple tabs at the bottom of the spreadsheet, each refers to one of the seven states selling the Kalamazoo Brewing Company’s microbrews. Excel Data File Assuming that the underlying demand relation is a linear function of price and income, use your spreadsheet program to obtain least squares estimates of Ohio’s demand for KBC microbrews.

Answers

Answer 1

Let's say that the Kalamazoo Brewing Company (KBC) now distributes its microbrews across a region that includes seven states: Illinois, Indiana, Michigan, Minnesota, Mississippi, Ohio, and Wisconsin. Data from the company's distributors in each state has been gathered by the data analytics division. This information includes the volume and cost of microbrews (per case) sold in each state as well as the average annual income (in thousands of dollars) of customers residing in various states' areas. Please notice that there are several tabs at the bottom of the spreadsheet, each of which corresponds to one of the seven states where the microbrews of the Kalamazoo Brewing Company are sold. The statistics for each state are available via the link below. Data File in Excel Using the supposition that the fundamental demand relationship is a linear function of price and income, utilize

With your spreadsheet application, you may predict Ohio's demand for KBC microbrews using least squares.

Ohio's demand for KBC microbrews is estimated using least squares as follows: Price + Income = 1.57 times the quantity.

Note: Sheet1 of the attached Excel document has a replication of the data from the question, and Sheet2 contains the results of the regression analysis.

Rounding to two decimal places, we find the following coefficients in the second column of the third table in Sheet2:

Price: $1.57 Profit: $15.00

Because a zero intercept was used for the analysis, the intercept is zero.

Based on the information above, the following is how the least squares estimations of Ohio's demand for KBC microbrews may be expressed:

Quantity = Price + Income + 1.57

To do the regression starting with Sheet1 to acquire

the results in Sheet, then replicate his steps:

Select the "Data Analysis" tab from the "Data" menu. Scroll down in the new window to "Regression," select it, then click "OK."

Select the column holding the Quantity data as the dependent variable by clicking in the "Input Y Range" box in the new window. Select the column holding the Price and Income data as the independent variables by clicking on the "Input X Range" box in the new window. Add "Labels," "Confidence level (95%)," and "Constant is Zero" to your selections. After that, click "OK" to get the results in Sheet2.

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Related Questions

Arianys wants to ride her bicycle 55.5 miles this week. She has already ridden 19 miles. If she rides for 5 more days, which equation could be used to determine, m, the average number of miles she would have to ride to meet her goal?
A: 19m=55.5−519 m is equal to 55 point 5 minus 5

B: 5m=19−55.55 m is equal to 19 minus 55 point 5

C: m=55.5−195m is equal to the fraction with numerator 55 point 5 minus 19 and denominator 5

D: 55.5=19m+555 point 5 is equal to 19 m plus 5

Answers

Answer:

b

Step-by-step explanation:

Trust me

The equation that could be used to determine, m, is 5m = 55.5 - 19. The correct option is C. m = (55.5 - 19)/5

Writing equation

From the question, we are to determine the equation that could be used to determine, m, the average number of miles she would have to ride to meet her goal

From the given information,

"Arianys wants to ride her bicycle 55.5 miles"

and

"She has already ridden 19 miles"

Thus,

The number of miles she needs to ride more is

55.5 miles - 19 miles

= 36.5 miles

If m is the average number of miles she would have to ride for 5 more days to complete her goal,

Then, we can write that  

m = 36.5/5

OR

m = (55.5 - 19)/5

Hence, the equation that could be used to determine, m, is 5m = 55.5 - 19. The correct option is C. m = (55.5 - 19)/5

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Each of the positive integers from 1 to 100 are written on a sheet of paper.
Some of these integers are erased. The product of those integers still on the paper leaves a remainder of 4 when divided by 5. Find the least number of integers that could have been erased.

Answers

Answer:

9 14 19 24 29 34 39 44 49 54 59 64 69 74 79 84 89 94 99

Use the factor theorem to write a polynomial equation that has solutions of 2, -2, and 4. (Hint: Suppose the solutions of a quadratic equation are 3 and 5. This means that x = 3 or x = 5 which gives us x - 3 = 0 or x - 5 = 0. The expressions are the factors of the polynomial which means that the equation is (x - 3)(x - 5) = 0.)

Answers

The equation of the polynomial with the given roots of 2, -2, and 4 is x³ - 4x² - 4x + 16 = 0.

What is the polynomial equation that has solutions of 2, -2, and 4?

Roots are the points where the graph intercepts with the x-axis ( y = 0 ).

Given the roots in the question;

x = 2, -2, 3

Now, the root of x = 2 was found solving for x when x - (2) = y but y = 0.

Hence, (x - 2) is a factor.

Next, the root of x = -2 was found solving for x when x - (-2) = y but y = 0.

Hence, (x + 2) is a factor

And the root of x = 4 was found solving for x when x - (4) = y but y = 0.

Hence, (x + 2) is a factor

Now, combine all the factors into a single equation and simplify.

( x-2 )( x + 2 )( x - 4 ) = y

( x² + 2x - 2x - 4 )( x - 4) = 0

( x² - 4 )( x - 4) = 0

x( x² - 4 ) -4( x² - 4 ) = 0

x³ - 4x - 4x² + 16 = 0

x³ - 4x² - 4x + 16 = 0

x³ - 4x² - 4x + 16 = 0

Therefore, the equation of the polynomial with the given roots of 2, -2, and 4 is x³ - 4x² - 4x + 16 = 0.

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28% of 80 is what number?

Answers

Answer:

22.4

Step-by-step explanation:

28% of 80 = [tex]\frac{28}{100}[/tex] of 80

=[tex]\frac{28}{100}[/tex] of 80 = [tex]\frac{28}{100}[/tex]*80

cut the zeros

=[tex]\frac{28}{10}[/tex]*8

=[tex]\frac{28}{5}[/tex]*4

=[tex]\frac{112}{5}[/tex]

=22.4

Autumn has $.64 worth of pennies and nickels. She has a total of 20 pennies and nickels all together. Determine the number of pennies in the number of nickels that Autumn has.

Answers

The number of pennies and nickels are 9 and 11 respectively.

How to find the number of pennies and nickels?

Autumn has $.64 worth of pennies and nickels. She has a total of 20 pennies and nickels all together.

Therefore,

let

x = number of pennies

y = number of nickels

Hence,

x + y = 20

0.01x + 0.05y = 0.64

Multiply equation(i) by 0.01

0.01x + 0.01y = 0.2

0.01x + 0.05y = 0.64

0.04y = 0.44

y = 0.44 / 0.04

y = 11

Therefore,

x = 20 - 11

x = 9

Therefore, the number of pennies and nickels are 9 and 11 respectively.

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Ryan collects rainwater in a barrel for his garden. The barrel is filled with 18 gallons of water. Ryan used 9.7 gallons to water his garden in June and 3 and one eighth gallons in July. How much water is left in the barrel?

24.575 gallons
5.175 gallons
3.168 gallons
3.125 gallons

Answers

The quantity of water left in the barrel is 5.175 gallons. The correct option is the second option 5.175 gallons

Calculating quantity

From the question, we are to determine how much water is left in the barrel

From the given information,

"The barrel is filled with 18 gallons of water"

and

"Ryan used 9.7 gallons to water his garden in June"

After this time,

The quantity of water that would be left in the barrel will be 18 gallons - 9.7 gallons

= 8.3 gallons

Then,

3 and one eighth gallons in July

3 and one eighth = 3 1/8 = 3.125 gallons

The quantity of water that would be left is 8.3 gallons - 3.125 gallons

= 5.175 gallons

Hence, the quantity of water left in the barrel is 5.175 gallons. The correct option is the second option 5.175 gallons

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Answer:

b

Step-by-step explanation:

What kind of passenger be considered a true negative ?

Answers

Answer: A someone with dangerous material passed by security

Step-by-step explanation:

Whats 452 divided by 2 x 12?

Answers

answer : 452\12 ×2

452/24

18.83333333 answer


Which is the value of this expression when m-3 and n=-5

Answers

Answer:

1/8

Step-by-step explanation:

(6m^-1n^0)^-3 =

= (6 × 1/3 × (-5)^0)^-3

= (6/3)^-3

= 2^-3

= 1/2^3

= 1/8

A 12- by 16-foot rectangular floor will be
covered by square tiles that measure 2 feet
on each side. If the tiles are not cut, how many
of them will be needed to cover the floor?

Answers

48 will be needed to cover the floor

12*16=192
2^2=4
192/4=48

The price of a computer is 899.00. The sales tax is 7%. What is the sales tax on this computer in dollars and cents?

Answers

Answer:

$62.93

Step-by-step explanation:

Convert 7% to a decimal and multiply by the price:  

$899.00 x .07 = $62.93

Can you please help me

Answers

Answer:

1) -√9

2) √18

3) |4.5|

Step-by-step explanation:

-√9 = -3

√18 = 4.2426406871 = 4.2

|4.5| = 4.5

Absolute value - Those two lines mean that any number, positive or negative, will be positive.

Hope this helps :)

7. The U.S. population in 2018 was estimated to be 327,200,000. Within that population, there were 30,357,000
people who were 18-29 years old and 52,431,000 people who were 65 years and older.
(a) According to the graphic, 85% of the 30,357,000 people who are 18-29 years old have tried vaping or
electronic cigarettes. Approximately how many people ages 18-29 said they have tried vaping or e-cigarettes?
Show your work.
(1 pt)
(b) Approximately how many people ages 65 and older said they have tried vaping or e-cigarettes? Show your
work.
(1 pt)
(c) Based on those estimates, how many more people ages 18-29 said they had tried vaping or e-cigarettes than
people ages 65 and older? Show your work.
(1 pt)
D
C
200 a

Answers

Given :

Data interpretation refers to the process of using diverse analytical methods to review data and arrive at relevant conclusions. The interpretation of data helps researchers to categorize, manipulate, and summarize the information in order to answer critical questions.

The importance of data interpretation is evident and this is why it needs to be done properly. Data is very likely to arrive from multiple sources and has a tendency to enter the analysis process with haphazard ordering. Data analysis tends to be extremely subjective. That is to say, the nature and goal of interpretation will vary from business to business, likely correlating to the type of data being analyzed. While there are several different types of processes that are implemented based on individual data nature, the two broadest and most common categories are “quantitative analysis” and “qualitative analysis”

.

U.S. population in 2018 was estimated to be 327,200,000

people who were 18-29 years old = 30,357,000

people who were 65 years=  52,431,000

85% of the 30,357,000 people who are 18-29 years old have tried vaping or

electronic cigarettes = 30,357,000 x85/100

people ages 18-29 said they have tried vaping or e-cigarettes

=2,580,345

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a parte inferior de una escalera debe colocarse a 3 pies de una pared. La escalera mide 10 pies de largo. ¿Qué tan por encima del suelo toca la escalera la pared?

Answers

[tex]\sqrt{10^2 - 3^2}=\boxed{\sqrt{91} \text{ ft}}[/tex]

Find the sum of 3√2 and 2√8 in simplest form. Also, determine whether the result
is rational or irrational and explain your answer.

Answers

Answer:

7√2

7√2 is irrational since √2 is irrational

Step-by-step explanation:

3√2 + 2√8 = 3√2 + 2 × 2√2 = 3√2 + 4√2 = 7√2

7√2 is irrational since √2 is irrational

pls help asap I’ll give brainliest immediately.. plsss..

Answers

Answer:

You have the right form (vertex form). All that you have left to do is learn what parts of the equation signify what.

Step-by-step explanation:

Explanation:

In a quadratic function of form y = a

(

x

p

)

2

+ q, the axis of symmetry is found at x = p. As a result, in y = -4

(

x

8

)

2

+ 3, the axis of symmetry is at x = 8, since the formula is x - p = x - (+8).

The vertex of a parabola is at (p, q). As for the axis of symmetry, the p value is 8, and in this function the q value is 3. So the vertex is at (8,3).

With this information, the x and y intercepts, and a few other points found by plugging in x values and solving for y, you will be able to graph this parabola. Your graph, if done properly, will look like the following:

graph{y = -4(x - 8)^2 + 3 [-20, 20, -10, 10]}

maths geometry question

Answers

Step-by-step explanation:

with ABCD and ABDE being parallelograms, this means a indicated by the marks

AB = ED = CD

and with BD = DF that means that the line segments BF and CE are intersecting each other at their midpoint.

so they represent a pair of diagonals of a parallelogram, which makes BCFE a parallelogram.

Find the area of a rectangle that has a length of 4.5 units and a width of 7.2 units. Write the numerical answer only.

Answers

32.4. All you have to do is multiply length times width to find the area.

An appliance store decreases the price of a 19-In television set 29% to a sale price of $442.69. What was the original price?

Answers

Answer:

$623.50

Step-by-step explanation:

(100 - 29)% = 71%

71% = 71 / 100 = 0.71

Original price:
442.69 / 0.71 = 623.50

Hope this helps

I WILL GIVE BRAINLYIST Which number is prime? Choose each correct answer. 41 41 42 42 43 43 44 44 45 45 46 46 47. THIS IS MULTIPLE ANSWER.

Answers

41, 43, 47

(Blank space filler)

Answer:

It is 41, 43, 47! :D

Step-by-step explanation:

A startup sports public relations company is looking to grow. They currently represent 1 client and plan on representing 2 additional clients each year. The following graph can be used to
help determine the number of clients, y, the company will have after x years.
Based on the context, what is the range of the function?

Answers

Answer:

Step-by-step explanation:   1x,2y

Have this question.. 5x-3y=14 ​

Answers

Solving for x: x=3/5y+14/5
Solving for y: y=5/3x-14/3

What do I write for 23???

Answers

By adding all of the prices together is how you get the total cost.

The total cost should be estimated around $60.43


Foundational Concepts Unit Test
22. What is the simplified form of the following expression? (1 point)
11[(92-52)+2248]
0224.5
0242
051.3
0110

Answers

The simplified form of the following expression is 51.3.

Given,

11(9²-5²)/(2²+8)

= 11(81-25)/(4+8)

= 11(56)/(12)

= 51.3

Expressions are simplified when they are rewritten in a concise manner and without any similar phrases. When simplifying an expression, we combine all similar terms and, if necessary, solve all of the supplied brackets, leaving just the, unlike words that cannot be further reduced.

Combining like terms together and leaving unlike terms alone is the fundamental principle for simplifying phrases. The following is a list of some of the guidelines for simplifying expressions:

Add the coefficients of two or more similar terms together, then include the common variable in the equation.

In the phrase a (b + c) = ab + ac, open the brackets using the distributive property.

Change the sign of all the phrases placed inside that bracket if there is a negative sign right outside the parenthesis to make things simpler.

Simply remove the bracket and put the words as they are, keeping the terms' original signs if there is a "plus" or other positive sign outside of it.

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Point A is located at (2,-2) on the coordinate plane. Point A is reflected over the Y-
axis to create point A'. Point A' is then reflected over the x-axis to create point A".
What ordered pair describes the location of A"?

Answers

Answer: A''=(-2, 2)

Step-by-step explanation:

A' = (2, -(-2)) = (2,2)   ==> the y-coordinate is negated when A reflects over the y-axis

A''=(-(2), 2) = (-2, 2).  ==> the x-coordinate is negated when A reflects over the x-axis

A''=(-2, 2)

Linear Equations: Mastery Test
Select the correct answer.
Which property of equality was used to solve this equation?
X-5=-14
X-5+5=14+5
X=-9b
A addition property of equality
B. subtraction property of equality
C. multiplication property of equality
D. division property of equality

Answers

The  property of equality was used to solve this equation is addition property of equality

Addition property of equality

The property states that the additive property of equality states that if we add or subtract the same number to both sides of an equation, the sides remain equal.

Given the expression

X-5=-14

Add 5 to both sides to have;

x-5 + 5 = -14 + 5

x = -14 + 4

x = -9

Hence the  property of equality was used to solve this equation is addition property of equality

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Simplify the expression. (2+1)×42÷2

Answers

Answer:

63

Step-by-step explanation:

Simplifying the expression,

→ (2+1) × 42 ÷ 2

→ 3 × 42 ÷ 2

→ 126 ÷ 2 = 63

Hence, the answer is 63.

Someone help with this too pls

Answers

Answer:

the answer is 18 months==1 year 6 months

If the big, green rectangle represents 1 whole, then what part of the whole is the shaded, gold
rectangle?
14
2 3
4
5
State your answer as a fraction.
6

Answers

The fraction that represents the part of a whole, which is shaded gold is 3/7.

What is fraction?

In Mathematics, fractions are represented as a numerical value, which defines a part of a whole.

Given is a big green rectangle divided into seven equal segments. From the image, it can be seen that 3 segments out of the seven are colored with gold. Therefore, we can write that -

Number of segments colored = n[c] = 3

Total segments = n[T] = 7

We know that a fraction defines a part of a whole. The green Rectangle is one whole, therefore it can be concluded that -

1 whole = 7 segments = n[T].

Number of segments colored = n[c] = 3.

Therefore, we can say that the fraction that represents the part of a whole, which is shaded gold is given by -

n[c] / n[T] = 3 / 7

Therefore, the fraction that represents the part of a whole, which is shaded gold is 3/7.

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[The given question is not complete. Please refer to the image attached for complete question]

group of 280 elementary school students and 40 adults are going on a field trip. They are planning to use two different types of buses to get to the destination. The first type of bus holds 50 people and the second type of bus holds 56 people.



Andre says that 3 of the first type of bus and 3 of the second type of bus will hold all of the students and adults going on the field trip.

Is Andre correct?

Answers

Answer:

yes!!! because the first 3 types of bus can hold 50 people and the other 3 types of bus can hold 56 people so the total will be 320 people

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