Find the Equation of the Least Squares Line

question 119

Multiple Choice

Find the equation of the least squares line.
-A shoe company will make a new type of shoe. The fixed cost for the production will be $24,000. The variable cost will be $34 per pair of shoes. The shoes will sell for $110 for each pair. What is The profit if 600 pairs are sold?

• A)$21,600
• B)$69,600
• C)$62,400
• D)$45,600

Understand the importance of internal and external validity in experimental research.

Comprehend the roles and manipulations of independent and dependent variables in experiments.

Recognize the ethical guidelines governing psychological research, including informed consent, confidentiality, and debriefing.

Identify the significance of control and experimental groups in research studies.

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