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Suppose the linear regression line y = 2.009x – 37.131 predicts a pizza parlor’s profits based on the number of pizzas sold. If x repr
Question
Suppose the linear regression line y = 2.009x – 37.131 predicts a pizza
parlor’s profits based on the number of pizzas sold. If x represents the
number of pizzas sold, and y represents the pizza parlor’s profits in dollars,
about how much can the pizza parlor expect in profits if it sells 275 pizzas?
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Mathematics
3 years
2021-09-03T08:05:58+00:00
2021-09-03T08:05:58+00:00 1 Answers
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Answers ( )
Answer:
Pizza parlor’s profit = $515.344
Step-by-step explanation:
Given that:
Linear regression line for pizza parlor’s profit
y = 2.009x – 37.131
x represents the number of pizzas sold
y represent the profit in dollars
Profit for 275 pizzas
Putting x = 275 in given equation
y = 2.009(275) – 37.131
y = 552.475 – 37.131
y = 515.344
Hence,
Pizza parlor’s profit = $515.344