Sherri’s Tan-O-Rama is a local tanning salon. Suppose Sherri performed a least-squares regression and obtained the following results: Coefficients Intercept 4,768.53 X Variable 1 2.86 Select the linear equation format (y = a + bx) of Sherri’s resul

Question 1

Question

Sherri’s Tan-O-Rama is a local tanning salon. Suppose Sherri performed a least-squares regression and obtained the following results: Coefficients Intercept 4,768.53 X Variable 1 2.86 Select the linear equation format (y = a + bx) of Sherri’s resul

Add a comment Improve this question Transcribed image text

Answer

Similar Homework Help Questions

Sherri's Tan-O-Rama is a local tanning salon. Its regression output is as follows: Coefficiente Intercept 4,621.43...

Sherri's Tan-O-Rama is a local tanning salon. Its regression output is as follows: Coefficiente Intercept 4,621.43 X Variable 1 3.08 Suppose that the company charges $9.00 per tanning session. Required: 1. Calculate the unit contribution margin. 2. Calculate contribution margin ratio. 3. Calculate the total contribution margin if the shop books 1,350 tanning sessions this month. Complete this question by entering your answers in the tabs below. Unit CM CM Ratio Total CM Calculate the unit contribution margin. (Round your...

Question 2

Sherri's Tan-O-Rama is a local tanning salon. Its regression output is as follows: Coefficiente Intercept 4,621.43...

Sherri's Tan-O-Rama is a local tanning salon. Its regression output is as follows: Coefficiente Intercept 4,621.43 X Variable 1 3.08 Suppose that the company charges $9.00 per tanning session. Required: 1. Calculate the unit contribution margin. 2. Calculate contribution margin ratio. 3. Calculate the total contribution margin if the shop books 1,350 tanning sessions this month. Complete this question by entering your answers in the tabs below. Unit CM CM Ratio Total CM Calculate the unit contribution margin. (Round your...

Sherri’s Tan-O-Rama is a local tanning salon. Suppose Sherri performed a least-squares regression and obtained the following results: Coefficients Intercept 4,768.53 X Variable 1 2.86 Select the linear equation format (y = a + bx) of Sherri’s resul

Homework Answers

Request Answer!

Add Answer to:
Sherri’s Tan-O-Rama is a local tanning salon. Suppose Sherri performed a least-squares regression and obtained the following results: Coefficients Intercept 4,768.53 X Variable 1 2.86 Select the linear equation format (y = a + bx) of Sherri’s resul

Post as a guest

Earn Coins

Sherri's Tan-O-Rama is a local tanning salon. Its regression output is as follows: Coefficiente Intercept 4,621.43...

Sherri’s Tan-O-Rama is a local tanning salon. Suppose Sherri performed a least-squares regression and obtained the following results: Coefficients Intercept 4,768.53 X Variable 1 2.86 Select the linear equation format (y = a + bx) of Sherri’s resul

Homework Answers

Request Answer!

Add Answer to: Sherri’s Tan-O-Rama is a local tanning salon. Suppose Sherri performed a least-squares regression and obtained the following results: Coefficients Intercept 4,768.53 X Variable 1 2.86 Select the linear equation format (y = a + bx) of Sherri’s resul

Post as a guest

Earn Coins

Sherri's Tan-O-Rama is a local tanning salon. Its regression output is as follows: Coefficiente Intercept 4,621.43...

Add Answer to:
Sherri’s Tan-O-Rama is a local tanning salon. Suppose Sherri performed a least-squares regression and obtained the following results: Coefficients Intercept 4,768.53 X Variable 1 2.86 Select the linear equation format (y = a + bx) of Sherri’s resul