10. [4/5 Points] DETAILS PREVIOUS ANSWERS WILPCALC1 7.4.040. Suppose the table gives the average price of...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
10. [4/5 Points] DETAILS PREVIOUS ANSWERS WILPCALC1 7.4.040. Suppose the table gives the average price of a four-function calculator from 1972 to 1980. Years Calculator Cost (dollars) Since 1972 t C 0 150 1 132 2 110 3 85 4 62 5 42 6 27 7 17 8 10 Use logistic regression to find the logistic model for the data. (Round all numbers to four decimal places.) C(t) = 0.0168t - 2.2841 X MY NOTES The rapid advancement in calculator technology over the past 30 years has led to a decrease in the price of a basic, four-function calculator. In August 1972, the four-function Sinclair Executive calculator was introduced for around $150. By the end of the decade, comparable calculators were selling for under $10. ASK YOUR TEACHER . [4/5 Points] DETAILS The rapid advancement in calculator technology over the past 30 years calculator was introduced for around $150. By the end of the decade, co Suppose the table gives the average price of a four-function calculator f Years Since 1972 Calculator Cost (dollars) C 150 132 110 85 62 PREVIOUS ANSWERS t 0 1 2 3 4 5 6 7 8 10 Use logistic regression to find the logistic model for the data. (Round all nu C(t)= 0.01681- 2.2841 1504 (a) Create a scatter plot of the data. C 125 100 x WILPCALC 42 27 17 10. [4/5 Points] DETAILS PREVIOUS ANSWERS WILPCALC1 7.4.040. Suppose the table gives the average price of a four-function calculator from 1972 to 1980. Years Calculator Cost (dollars) Since 1972 t C 0 150 1 132 2 110 3 85 4 62 5 42 6 27 7 17 8 10 Use logistic regression to find the logistic model for the data. (Round all numbers to four decimal places.) C(t) = 0.0168t - 2.2841 X MY NOTES The rapid advancement in calculator technology over the past 30 years has led to a decrease in the price of a basic, four-function calculator. In August 1972, the four-function Sinclair Executive calculator was introduced for around $150. By the end of the decade, comparable calculators were selling for under $10. ASK YOUR TEACHER . [4/5 Points] DETAILS The rapid advancement in calculator technology over the past 30 years calculator was introduced for around $150. By the end of the decade, co Suppose the table gives the average price of a four-function calculator f Years Since 1972 Calculator Cost (dollars) C 150 132 110 85 62 PREVIOUS ANSWERS t 0 1 2 3 4 5 6 7 8 10 Use logistic regression to find the logistic model for the data. (Round all nu C(t)= 0.01681- 2.2841 1504 (a) Create a scatter plot of the data. C 125 100 x WILPCALC 42 27 17
Expert Answer:
Answer rating: 100% (QA)
Solution We have to calculate logistics regression equation Take Yea... View the full answer
Related Book For
Statistics for the Behavioral Sciences
ISBN: 978-1111830991
9th edition
Authors: Frederick J Gravetter, Larry B. Wallnau
Posted Date:
Students also viewed these mathematics questions
-
Over the past 30 years in the United States, there has been a strong negative correlation between the number of infant deaths at birth and the number of people over age 65. (a) Is the fact that...
-
What is the most likely connectivity of the atoms in chloroethylene (C2H3CI)? a d. e e O-I-O C-H-H I-O-U O-H-H I-O-U O-H-H I--U I-C-H I-0-0 H-C-H bo O O O OO
-
Discuss the basic trends over the past 30 years with regard to total wholesale sales for (a) Merchant wholesalers; (b) Manufacturers sales branches and offices and (c) Agents, brokers and commission...
-
Mr. Mo carries on business as a sole proprietor. The fiscal year end of the business is December 31. During 2020, its first year of operation, net business loss amounts to $72,000. In addition, the...
-
Steven Erasmus has had difficulties throughout the audit of Kingston Catering. The company is a long-standing client of the audit firm and there have been no problems in the past. However, four...
-
Alpha Hospital, a large not-for-profit organization, has adopted an accounting policy that does not imply a time restriction on gifts of long-lived assets. Required For items 1 through 6, indicate...
-
Estimate the power that the human heart must impart to the blood to pump it through the two carotid arteries from the heart to the brain. List all assumptions and show all calculations.
-
Post the journal entries that you prepared for Exercise 4.2 to the general ledger. Use the account names shown in Exercise 4.2. In Exercise 4.2. DATE TRANSACTIONS 2016 Sept. 1 Jewell Tucker invested...
-
XYZ Inc. sells two products, A and B. The selling price, variable cost and contribution margin per unit of product are shown below: Product A Selling Price $ 24 B $ 28 Variable Cost $ 10 $ 24...
-
Cecil C. Seymour is a 64-year-old widower. He had income for 2022 as follows: The cost of the annuity was $46,800, and Cecil was expected to receive a total of 260 monthly payments of $450. Cecil has...
-
XYZ's financial statements contain the following information: Cash $311,900 Accounts receivable 669,900 Inventory 823,900 Marketable securities 103,900 Accounts payable 593,000 Accrued expenses...
-
You have XYZ trading at $42. European 6-month 40 calls and puts are traded at: CallPut bid/ask5 / 5.52.75/ 3.25 Assuming the risk free rate is 0%, do you see any arbitrage opportunity? Justify your...
-
(x2)-2 solve +1=5x 3 :
-
What are the two components of a mortgage payment?
-
Journalize each of the following transactions assuming a perpetual inventory system. May 1 Purchased $1,200 of merchandise inventory: terms 1/10, n/30. Paid for the May 1 purchase. 14 15 Purchased...
-
What was the insurance expense on the income statement for 2025? Coronado Company paid or collected during 2025 the following items: Insurance premiums paid Interest collected Salaries paid $30200...
-
For Questions 26 and 27, assume that two different coastal cities are competing to have their location selected by the Federal Government to build a Major Deepwater Shipping Port for large container...
-
1) The government decided to reduce taxes on fast-food to increase revenue. The government assumes that fast-food products have a) An inelastic demand b) An elastic demand c) A demand curve that is...
-
For each of the following, calculate the pooled variance and the estimated standard error for the sample mean difference a. The first sample has n = 4 scores and a variance of s2 = 55, and the second...
-
The teacher from the previous problem also tried a different approach to answering the question of whether changing answers helps or hurts exam grades. In a separate class, students were encouraged...
-
For the following set of scores, find the value of each expression: a. (X b. (X2 c. ( (X + 4) X - 4 - 2 0 - 1 - 1
-
Power feed is not provided on the following drilling machine : (a) bench drill press (b) gang drilling machine (c) radial drilling machine (d) all of the above.
-
The lathe post not provided with power feed is (a) lead screw (b) carriage (c) compound rest (d) cross slide
-
External taper can be obtained by (a) taper attachment (b) form tool (c) compound rest (d) tail stock offset.
Study smarter with the SolutionInn App