The Manager of a Gas Station Along an Interstate Highway

question 22

Multiple Choice

The manager of a gas station along an interstate highway has observed that gasoline sales generally increase each week over the summer months as more families travel by car on vacations. He also believes that sales are sensitive to fluctuations in the price of gasoline. He developed the following regression model:
Sales ($) = $59,407 + $509 (Week) + 16,463 (Price/gallon)
-The sales forecast for the 11^th week of the summer if the price per gallon is estimated to be $3.00 is:

• A) less than or equal to 15,000.
• B) more than 15,000 but less than or equal to 15,500.
• C) more than 15,500 but less than or equal to 16,000.
• D) more than 16,000 but less than or equal to 16,500.

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Definitions:

Byzantine-Era Church

A Christian church from the Byzantine Empire era, characterized by extensive use of domes, mosaics, and an Eastern Christian liturgical structure.

Apse

A recess, usually semicircular, in the wall of a building, commonly found at the east end of a church.

Monastery of Saint Catherine

An ancient monastery located at the foot of Mount Sinai in Egypt, it is one of the oldest working Christian monasteries in the world with a rich collection of art.

Non-verbal Communication

The process of transmitting messages without using words, including facial expressions, body language, gestures, and tone of voice.