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1. A snack food production manager at a company wants to release a new product. In order for the product to be bought by consumers, he wants to know what age segment of the consumer is suitable for his new product. Data collected from the age of 5 years to 60 years. After researching and knowing the most abundant in a certain age segment, then the manager can determine the production of certain snacks which will have the most consumers. After collecting data, the data obtained for the age of 50 people are as follows: 5 7 78 9 6 10 15 19 18 12 15 17 19 20 27 45 32 33 54 50 47 45 48 49 44 43 42 49 23 15 16 27 38 34 27 35 37 46 24 28 34 21 22 24 25 27 28 30 Determine the manager produces for what age segment the most?

1. A snack food production manager at a company wants to release a new product. In order for the product to be bought by consumers, he wants to know what age segment of the consumer is suitable for his new product. Data collected from the age of 5 years to 60 years. After researching and knowing the most abundant in a certain age segment, then the manager can determine the production of certain snacks which will have the most consumers. After collecting data, the data obtained for the age of 50 people are as follows: 5 7 78 9 6 10 15 19 18 12 15 17 19 20 27 45 32 33 54 50 47 45 48 49 44 43 42 49 23 15 16 27 38 34 27 35 37 46 24 28 34 21 22 24 25 27 28 30 Determine the manager produces for what age segment the most?

Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter7: Distance And Approximation
Section7.3: Least Squares Approximation
Problem 31EQ
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1. A snack food production manager at a company wants to release a new product. In order for the product to be bought by consumers, he wants to know what age segment of the consumer is suitable for his new product. Data collected from the age of 5 years to 60 years. After researching and knowing the most abundant in a certain age segment, then the manager can determine the production of certain snacks which will have the most consumers. After collecting data, the data obtained for the age of 50 people are as follows: 5 7 78 9 6 10 15 19 18 12 15 17 19 20 27 45 32 33 54 50 47 45 48 49 44 43 42 49 23 15 16 27 38 34 27 35 37 46 24 28 29 34 21 22 24 25 27 28 30 Determine the manager produces for what age segment the most?
Transcribed Image Text:1. A snack food production manager at a company wants to release a new product. In order for the product to be bought by consumers, he wants to know what age segment of the consumer is suitable for his new product. Data collected from the age of 5 years to 60 years. After researching and knowing the most abundant in a certain age segment, then the manager can determine the production of certain snacks which will have the most consumers. After collecting data, the data obtained for the age of 50 people are as follows: 5 7 78 9 6 10 15 19 18 12 15 17 19 20 27 45 32 33 54 50 47 45 48 49 44 43 42 49 23 15 16 27 38 34 27 35 37 46 24 28 29 34 21 22 24 25 27 28 30 Determine the manager produces for what age segment the most?
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