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hiralpatel121 Group Title

Can someone please help me with the attached problems?

  • 2 years ago
  • 2 years ago

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  1. hiralpatel121 Group Title
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    • 2 years ago
  2. JakeV8 Group Title
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    Hi again... what class is this for?

    • 2 years ago
  3. hiralpatel121 Group Title
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    Intermediate Algebra

    • 2 years ago
  4. JakeV8 Group Title
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    I'm away from anything that I could quickly reference for the regression model it mentions...

    • 2 years ago
  5. JakeV8 Group Title
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    You can consider part b for a moment though... Slope is how fast the ticket price seems to be increasing (or decreasing, but it appears to be going up here) each year. Just like slope says how much increase in y for each step of x

    • 2 years ago
  6. JakeV8 Group Title
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    The regression model should give you the line expression, as I recall... so you could "plug in" 2013 to get part c. You need to consider each of the years as the time since 2000, so you end up with small numbers like 7, 8, etc, not big like 2007, etc. So you could plug in "13" to get part c

    • 2 years ago
  7. hiralpatel121 Group Title
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    Okay, Anything else?

    • 2 years ago
  8. JakeV8 Group Title
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    Do you have anything to go on for the linear regression method? Is it an Excel project, or something to calculate by hand, or any idea? It looks possible but time consuming to do manually.

    • 2 years ago
  9. hiralpatel121 Group Title
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    I have no idea actually. That's alright. I'll try it somehow. Can you help me with two more problems?

    • 2 years ago
  10. JakeV8 Group Title
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    Maybe, gotta run in a minute, but I might be back on later. Give me one or both, I'll see...

    • 2 years ago
  11. hiralpatel121 Group Title
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    • 2 years ago
  12. JakeV8 Group Title
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    So, for 2, "varies directly" means linearly, so it's like an equation of a line. W is a function of S, but you don't know the slope or how MUCH it varies. so W(S) is proportional to S, or W(S) = mS + b, where m is the unknown slope and b is the unknown intercept

    • 2 years ago
  13. JakeV8 Group Title
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    oh, wait... they use k as the constant, and they ignore the intercept So, it's W(S) = kS

    • 2 years ago
  14. JakeV8 Group Title
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    So, sub in the values they give you for W and S in part (b) and solve for the k term. In (c), rewrite the W(S) function using the actual constant k from part (b) and sub in S=175 as given

    • 2 years ago
  15. hiralpatel121 Group Title
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    Okay

    • 2 years ago
  16. JakeV8 Group Title
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    The other problem just looks like a little basic simplifying of one equation, then some graphing on the calculator. Also, maybe your calculator has a linear regression tool built in that could help on that first one... something where you enter the years (remember, 7, 8, 9, etc not 2007, etc) and the ticket prices and it produces the regression model which is the expression for the line. Something to look for, maybe...

    • 2 years ago
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