linear regression in Padawan

pamela johnson

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Apr 29, 2012
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Profit = 0.15x-28
in this case, the values are given in thousands making an individual e-reader will be $150[0.15x1000]28000[28* 1000]in constant charges

1. graph the pforfit equation. discuss the meaning of x and y axis
2. discuss relation between profits and number of e-readers produced ( consider the slope and y-intercept)
3.if compant does sell a single e-reader, how much is lost, what is thus value called in the equation
4.if the company sells 5000 e-readers, how much will the make or lose
5.if profit must equal 100 thousand, how many e-readers will the company need to sell ( round up to the nearest e-reader
6. if the company is hoping to break even, how many e-readers will need to be sold (round up to the nearest e-reader
 
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