Homework Answers
A. The regression equation is
y=0.3x+25
Since slope is 0.3 ( positive)
There is a positive relation between y and x
B. The regression. Equation is
y= 0.3x+25
When x=34
y=0.3(34) +25
y=35.2
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12. The rate for renting a motor scooter for one day at a beach resort area...
A truck rental company rents a moving truck for one day by charging $30 plus $0.08...
A truck rental company rents a moving truck for one day by charging $30 plus $0.08 per mile. Write a linear equation that relates the cost C, in dollars, of renting the truck to the number x of miles driven. What is the cost of renting the truck if the truck is driven 151 miles? 447 miles? Type the linear equation that relates the cost C, in dollars, of renting the truck to the number of x miles driven. (Use...
William Howe must decide whether to start a business renting beach umbrellas at an ocean resort...
William Howe must decide whether to start a business renting beach umbrellas at an ocean resort during June, July, and August of next summer. He believes that he can rent each umbrella to vacationers at $7 a day, and he intends to lease 40 umbrellas for the three-month period for $4,000. To operate this business, he does not have to hire anyone (but himself), and he has no expenses other than the leasing costs and a fee of $3,000 per...
1. Compute the number of calendar days needed to complete a one-acre job using the current truck/...
1. Compute the number of calendar days needed to complete a
one-acre job using the current truck/trailer combination and the
larger truck/trailer combination. Use this result to calculate the
maximum number of jobs McCoy could accept per year using each
truck/trailer combination
Background:
Exhibit 1 ACTUAL REVENUES AND COSTS FOR THE RESORT LAND-CLEARING JOB (in U.S. dollars) Per day Project Calendar days needed to complete the project Revenues Revenue per calendar day $375.00 Total revenues $2,625.00 Variable costs Transportation costs...
Q 1) each unit of a certain commodity costs p = 43x + 96 cents when...
Q 1) each unit of a certain commodity costs p = 43x + 96 cents when x units of the commodity are produced. if all units are sold at this price, express the revenue derived from the sales as a function of x. Q 2) two car rental agencies are competing. one agency rents cars for $50 per day and $.30 a mile; the other agency rents cars for $30 per day and $.50 a mile. For a 9 day...
Using the results from Question 1, compute the incremental annual revenues (cash inflows) if McCo...
Using the results from Question 1, compute the incremental
annual revenues (cash inflows) if McCoy invests in the larger truck
and trailer. Use the model in case Exhibit 1 to compute incremental
annual expenses (cash outflows) if McCoy invests in the larger
truck and trailer. Determine incremental annual cash flows for the
larger truck and trailer
Results Question 1
Case 1: Current Trucks/ Trailers
number of calendar days needed to complete a one-acre job
Since, the number of calendar days...
Thomas rented a van for $75 a day plus $0.25 for each mile that he would...
Thomas rented a van for $75 a day plus $0.25 for each mile that he would go over 3.000 miles. How can Thomas represent the cost, C, of renting the van for d days and driving form miles (m 3.000)? The total cost (c) in dollars of renting a sailboat for days is given by the equation E 120+60m. Ir the total cost was $360, for how many days was the sailboat rented? D. 8 C. 6 B. 4 A...
the population (p) of a city is represented by p=2000e The population (P) of a city...
the population (p) of a city is represented by p=2000e
The population (P) of a city is represented by P=20000 e0.005 Find the population when t=40 years. Round answer to the nearest whole number. You begin a business manufacturing boxes of toothpicks. You sell each box for $3.75 and it costs you $2.00 to manufacture each box. Your weekly foed cost is $500. Write a function that represents your weekly profit based on the number of boxes you make and...
Analyze the case the answer the questions: introduction of the case assess the financial reporting landscape...
Analyze the case the answer the questions:
introduction of the case
assess the financial reporting landscape considering the user
needs, constraints, and business environment,
identify the issues,
analyze the issues (qualitatively and quantitatively), and
provide a recommendation and conclusion.
Original content only no copy-paste, please
INTRODUCTION Jaden McCoy operated a dairy goat farm in Soddy-Daisy, Tennessee, and was considering expanding the rental of his goats for land clearing. In early 2011, McCoy successfully bid on a job to clear a...
Detail calculation step, pls. Problem 2 An army division has five troop encampments in the desert,...
Detail calculation step, pls.
Problem 2 An army division has five troop encampments in the desert, and the division leaders want to determine location(s) for supply depot(s) to serve the camps. The (x, y) coordinates in miles) of the camps, A, B, C, D, and E, and the monthly number of truck trips from a supply depot to each camp are as follows Camp Monthly trip frequency 15 12 20 25 17 100 250 300 400 300 180 400 150...
INTRODUCTION Jaden McCoy operated a dairy goat farm in Soddy-Daisy, Tennessee, and was considering expanding the...
INTRODUCTION Jaden McCoy operated a dairy goat farm in Soddy-Daisy, Tennessee, and was considering expanding the rental of his goats for land clearing. In early 2011, McCoy successfully bid on a job to clear a section of property at a nearby resort. McCoy's goats performed as expected and he eamed a small profit in the process. The resort manager was quite happy because the difficult-to-reach areas of the property were cleared on time and on budget at a cost well...
A truck rental company rents a moving truck for one day by charging $30 plus $0.08 per mile. Write a linear equation that relates the cost C, in dollars, of renting the truck to the number x of miles driven. What is the cost of renting the truck if the truck is driven 151 miles? 447 miles? Type the linear equation that relates the cost C, in dollars, of renting the truck to the number of x miles driven. (Use...
1. Compute the number of calendar days needed to complete a
one-acre job using the current truck/trailer combination and the
larger truck/trailer combination. Use this result to calculate the
maximum number of jobs McCoy could accept per year using each
truck/trailer combination
Background:
Exhibit 1 ACTUAL REVENUES AND COSTS FOR THE RESORT LAND-CLEARING JOB (in U.S. dollars) Per day Project Calendar days needed to complete the project Revenues Revenue per calendar day $375.00 Total revenues $2,625.00 Variable costs Transportation costs...
Using the results from Question 1, compute the incremental
annual revenues (cash inflows) if McCoy invests in the larger truck
and trailer. Use the model in case Exhibit 1 to compute incremental
annual expenses (cash outflows) if McCoy invests in the larger
truck and trailer. Determine incremental annual cash flows for the
larger truck and trailer
Results Question 1
Case 1: Current Trucks/ Trailers
number of calendar days needed to complete a one-acre job
Since, the number of calendar days...
Thomas rented a van for $75 a day plus $0.25 for each mile that he would go over 3.000 miles. How can Thomas represent the cost, C, of renting the van for d days and driving form miles (m 3.000)? The total cost (c) in dollars of renting a sailboat for days is given by the equation E 120+60m. Ir the total cost was $360, for how many days was the sailboat rented? D. 8 C. 6 B. 4 A...
the population (p) of a city is represented by p=2000e
The population (P) of a city is represented by P=20000 e0.005 Find the population when t=40 years. Round answer to the nearest whole number. You begin a business manufacturing boxes of toothpicks. You sell each box for $3.75 and it costs you $2.00 to manufacture each box. Your weekly foed cost is $500. Write a function that represents your weekly profit based on the number of boxes you make and...
Analyze the case the answer the questions:
introduction of the case
assess the financial reporting landscape considering the user
needs, constraints, and business environment,
identify the issues,
analyze the issues (qualitatively and quantitatively), and
provide a recommendation and conclusion.
Original content only no copy-paste, please
INTRODUCTION Jaden McCoy operated a dairy goat farm in Soddy-Daisy, Tennessee, and was considering expanding the rental of his goats for land clearing. In early 2011, McCoy successfully bid on a job to clear a...
Detail calculation step, pls.
Problem 2 An army division has five troop encampments in the desert, and the division leaders want to determine location(s) for supply depot(s) to serve the camps. The (x, y) coordinates in miles) of the camps, A, B, C, D, and E, and the monthly number of truck trips from a supply depot to each camp are as follows Camp Monthly trip frequency 15 12 20 25 17 100 250 300 400 300 180 400 150...
INTRODUCTION Jaden McCoy operated a dairy goat farm in Soddy-Daisy, Tennessee, and was considering expanding the rental of his goats for land clearing. In early 2011, McCoy successfully bid on a job to clear a section of property at a nearby resort. McCoy's goats performed as expected and he eamed a small profit in the process. The resort manager was quite happy because the difficult-to-reach areas of the property were cleared on time and on budget at a cost well...
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