41
QuizMultiple Choice

Business Statistics — Quiz

Question 41 • Financial Math

Based on the regression equation, what price maximizes the number of units sold, and how many units will be sold?

Answer
A
The maximum number of units sold is 12 comma 480 when the price is 294 point 5 8 dollars.
B
Maximum units sold is 1 comma 248 when the price is 294 point 5 8 dollars.
C
The maximum number of units sold is 12 comma 480 when the price is 300 dollars.
D
The maximum number of units sold is 1 comma 248 when the price is 300 dollars.
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