Use the Table Below to Answer the Following Question(s)

question 22

Multiple Choice

Use the table below to answer the following question(s) .

-According to the nonlinear model, which of the following is the total revenue expected from the sales?

• A)22,340.91
• B)85,876.59
• C)107,571.78
• D)74,733.77

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Definitions:

Standard Deviation

A statistic that quantifies the dispersion or spread of a set of data points around their mean value, highlighting variability within the data set.

Monthly Incomes

Regular earnings received by individuals or households on a monthly basis from employment or investments.

Significance Level

A threshold used in statistical hypothesis testing to determine whether a result is statistically significant, typically denoted by alpha (α), and representing the probability of rejecting the null hypothesis when it is in fact true.

Variances

A measure of the dispersion representing the average of the squared differences from the Mean, showing how far each value in the set is from the mean.