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E) Write down the equation that predicts Sales from Number of Sales Pe Sales = 8.515 0.769 X (Round to three decimal places as needed ) 0) If 17 people are working,...

Question

E) Write down the equation that predicts Sales from Number of Sales Pe Sales = 8.515 0.769 X (Round to three decimal places as needed ) 0) If 17 people are working, what sales (in dollars) do you predict? The predicted sales are 21,580' dollars (Round to the nearest ten dollars as needed ) 9) If sales are actually S21,000, what is the value of the residual? residual = 580 dollar(s) (Round to the nearest ten dollars as needed ) h) Has the original estimate from part f overestimated or unde

e) Write down the equation that predicts Sales from Number of Sales Pe Sales = 8.515 0.769 X (Round to three decimal places as needed ) 0) If 17 people are working, what sales (in dollars) do you predict? The predicted sales are 21,580' dollars (Round to the nearest ten dollars as needed ) 9) If sales are actually S21,000, what is the value of the residual? residual = 580 dollar(s) (Round to the nearest ten dollars as needed ) h) Has the original estimate from part f overestimated or underestimated underestimated



Answers

E-SALES. For Exercises 38 and $39,$ use the following information. A small online retailer estimates that the cost, in dollars, associated with selling $x$ units of a particular product is given by the expression $0.001 x^{2}+5 x+500 .$ The revenue from selling $x$ units is given by 10$x$ .
Find the profit from sales of 1850 units.


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