Provide an Appropriate Response $$\begin{array} { r | r r r r r r } \mathrm { x } & 2 & 4 & 6 & 9 & 10 & 12 \\\hline \mathrm { y } & 28 & 33 & 39 & 45 & 47 & 52\end{array}$$

question 14

Essay

Provide an appropriate response.
-A linear model is obtained for the following set of data. $$\begin{array} { r | r r r r r r } \mathrm { x } & 2 & 4 & 6 & 9 & 10 & 12 \\\hline \mathrm { y } & 28 & 33 & 39 & 45 & 47 & 52\end{array}$$ For what range of x-values would it be reasonable to use the model to predict the y-value corresponding to a
given x-value? Why?

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Definitions:

Marketing Channels

Pathways through which goods and services flow from producers to consumers, involving intermediaries like wholesalers and retailers.

Drugstores

Retail shops where medications and other healthcare products are sold.

Competitive Pressures

Forces that challenge a company's market position, including competition from other firms, pricing strategies, and innovation demands.

Pricing Consistency

The strategy of maintaining stable prices for products or services over a period of time to build customer trust and loyalty.