Answer:
Package A
Step-by-step explanation:
Hello there!
The reason that package A is a better deal is beacause it goes down by a fixed rate, not by a percentage. If you get 15 carwashes, you will pay nothing for the 15th, but even if you washed your car 100 times with Package B, you would still pay something!
Have a great day!
Number of stocks held = 30
Price at which each shares of Lofty Cheese Company bought = 20 1/4
= (81/4) dollars
Price at which each shares of Lofty Cheese Company sold = 25 1/4
= (101/4) dollars
Amount of profit made per share of Lofty Cheese Company = [(101/4 - (81/4)] dollars
= (20/4) dollars
= 5 dollars
Amount of profit made for 30 shares of Lofty Cheese Company = (30 * 5) dollars
= 150 dollars.
So you will make a profit of $150.The correct option in regards to the question given is option "C".
Answer:
A. Increase by 2
Step-by-step explanation:
Given that a fitted multiple regression equation is

This is a multiple regression line with dependent variable y and independent variables x1, x2, x3 and x4
The coefficients of independent variables represent the slope.
In other words the coefficients represent the rate of change of y when xi is changed by 1 unit.
Given that x3 and x4 remain unchanged and x1 increases by 2 and x2 by 2 units
Since slope of x1 is 5, we find for one unit change in x1 we can have 5 units change in y
i.e. for 2 units change in x1, we expect 10 units change in Y
Similarly for 2 units change in x2, we expect -2(4) units change in Y
Put together we have
change in y
Since positive 2, there is an increase by 2
A. Increase by 2