Answer:
a. is not found to be significant.
Step-by-step explanation:
Regression analysis is a statistical technique which is used for forecasting. It determines the relationship between two variables. It determines the relationship of two or more dependent and independent variables. It is widely used in stats to find trend in the data. It helps to predict the values of dependent and independent variables. In the given question, there are 25 observations and the regression equation is given. X and Y are considered as dependent variables.
Given:
Amount in the bank account = $1850
Monthly payment of can loan = $400.73
To find:
When would automatic payments make the value of the account zero?
Solution:
Craig stops making deposits to that account. So, amount $1850 in the bank account is used to make monthly payment of can loan.
On dividing the amount by monthly payment, we get
It means, the amount is sufficient for 4 payment but for the 5th payment the amount is not sufficient.
Therefore, the 5th automatic payments make the value of the account zero.
Answer:
The store paid 6.67 times the profit made on the jeans
Step-by-step explanation:
Let the amount the clothing store pay for Jean be X
Let the amount the clothing store sells Jean be Y = X ×1.15
The profit (P) made is the difference between amount the clothing store sells Jean and the amount paid for Jean = Y - X = 1.15X - X
Profit (P) = 0.15X
X = P/0.15 = 6.67P
Therefore, the store paid 6.67 times the profit made on the jeans
Answer:
54 mph
Step-by-step explanation:
