Stores commonly offer a cheaper unit price for large quantity purchases. Quantity Unit Price 100.00 80.00 70.00 50.00 40.00 1 2 5 10 20 a. Use regression to find a logarithmic equation to model the data. Round the numbers in your equation to 2 decimal places. y = a + bln(x) with a = b = b. Use your equation to find an appropriate quantity for a customer who wishes to get a $35 unit price, accurate to the nearest whole number. c. Use your equation to find an appropriate quantity for a customer who wishes to get a $60 unit price, accurate to the nearest whole number.
Stores commonly offer a cheaper unit price for large quantity purchases. Quantity Unit Price 100.00 80.00 70.00 50.00 40.00 1 2 5 10 20 a. Use regression to find a logarithmic equation to model the data. Round the numbers in your equation to 2 decimal places. y = a + bln(x) with a = b = b. Use your equation to find an appropriate quantity for a customer who wishes to get a $35 unit price, accurate to the nearest whole number. c. Use your equation to find an appropriate quantity for a customer who wishes to get a $60 unit price, accurate to the nearest whole number.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter9: Quadratic Functions And Equations
Section9.8: Analyzing Functions With Successive Differences
Problem 36PFA
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