Computer Training Consider the Following Data for Two Variables,x and Y.The Independent

question 132

Essay

Computer Training
Consider the following data for two variables,x and y.The independent variable x represents the amount of training time (in hours)for a salesperson starting in a new computer store to adjust fully,and the dependent variable y represents the weekly sales (in $1000s). Use statistical software to answer the following question(s). ​ ​
-{Computer Training Narrative} Use the quadratic model to predict the value of y when x = 45.

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Definitions:

Marginal Revenue

The additional income received from selling one more unit of a product or service.

Fixed Costs

Costs that do not change with the level of production or sales, such as rent, salaries, and insurance.

Profit Maximizing Firm

A company that focuses on actions that would increase its profits to the highest possible extent.

Producing Units

Entities or machines engaged in the manufacture or assembly of goods, often within an industrial or manufacturing setting.