Question: Questions are timed! All questions makeup one general problem! Please answer all parts, thank you! Profit Model Use the models computed to find a model



Profit Model Use the models computed to find a model for the weekly profit, using as the independent variable. P(x) = r+uz+822 +t3 NOTE: Do not calculate another regression. Use the fact that profit is revenue minus cost. Round r to the nearest integer, round u to 1 decimal place, round s to 2 decimal places, and round t to 4 decimal places Question 16 2 pts The graph and =r+ux + ? + ths negative arintercept. In the context of profit for Yaster Outfitters coming from sleeping bags, what is the interpretation of this value? O When no sleeping bags are produced, Yaster Outfitters loses money on sleeping bags. When a negative number of sleeping bags are produced, Yaster Outfitters makes money on sleeping bags. When no sleeping bags are produced, Yaster Outfitters makes money on sleeping bags. When a negative number of sleeping bags are produced, Yaster Outfitters loses money on sleeping bags. Question 17 2 pts The CEO of Yaster Outfitters want to drive up production levels of sleeping bags. Which of the following is an appropriate advice, given that the value t in the profit model is negative. Olim P(x) = 00, so increasing production without bound will lead to higher and higher profits. 00 Yaster faces weekly losses regardless of production level, since t is negative. Olim P(x) = -00, so increasing production without bound will lead to higher and higher losses. +00 Olim P(x) = t is negative, so increasing production too much will lead to a weekly loss of St. Question 18 2 pts Since the profit model is a cubic polynomial, the marginal profit is a Select] Select ] The graph of marginal profit is (Select] logarithm exponential function linear polynomial cubic polynomial quadratic polynomial Question 19 2 pts What is r? Round to the nearest integer. Question 20 2 pts What is u? Round to 1 decimal place. Question 21 2 pts What is s? Round to 2 decimal places. Question 22 2 pts What is t? Round to 4 decimal places. 3 Question 23 3 pts Use the weekly profit model to estimate the total weekly profit when the weekly production is 107. Round to the nearest dollar
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