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2. A cable television company's total income depends on how many subscribers it has. And, the number of subscribers depends on their monthly fee. The company's market research department has collected the following data: Monthly fee in $, x 60 65 70 75 80 Number of subscribers, y 90520 84250 81600 68710 51100 a). Draw a scatter diagram of this data in an appropriate window. What window parameters were used for the scatter diagram? b). Use linear regression to find the line of best fit for this data. What is the equation of this line? Round coefficients the nearest hundredth. c). How many subscribers would the company have if they charged $72 per month? d). Find the $x$-intercept of the line. Explain what this number tells you about this situation.

          2. A cable television company's total income depends on how many subscribers it has. And, the number of subscribers depends on their monthly fee. The company's market research department has collected the following data:
Monthly fee in $, x     60     65     70     75     80
Number of subscribers, y 90520 84250 81600 68710 51100
a). Draw a scatter diagram of this data in an appropriate window. What window parameters were used for the scatter diagram?
b). Use linear regression to find the line of best fit for this data. What is the equation of this line? Round coefficients the nearest hundredth.
c). How many subscribers would the company have if they charged $72 per month?
d). Find the $x$-intercept of the line. Explain what this number tells you about this situation.

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2 a cable television companys total income depends on how many subscribers it has and the number of subscribers depends on their monthly fee the companys market research department has colle 33035

Added by Theresa R.

Elementary Statistics a Step by Step Approach

Allan G. Bluman 9th Edition

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Solved by Expert Noah Musser

10/13/2020

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The data points are (60, 90520), (65, 84250), (70, 81600), (75, 68710), (80, 51100). Show more…

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2. A cable television company's total income depends on how many subscribers it has. And, the number of subscribers depends on their monthly fee. The company's market research department has collected the following data: Monthly fee in $, x 60 65 70 75 80 Number of subscribers, y 90520 84250 81600 68710 51100 a). Draw a scatter diagram of this data in an appropriate window. What window parameters were used for the scatter diagram? b). Use linear regression to find the line of best fit for this data. What is the equation of this line? Round coefficients the nearest hundredth. c). How many subscribers would the company have if they charged $72 per month? d). Find the $x$-intercept of the line. Explain what this number tells you about this situation.

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