You are watching: The spreadsheet shows the monthly revenue and expenses for a new business
We have been given a table for the (month,revenue,expense) for a brand-new business.
Now we have to use the models to predict the month in which revenue will equal expense :
In other words uncover as soon as the profit is 0.
So let"s subtract revenue from expense for each month.
Treat Jan=1, Feb=2 and so on
Then we acquire 5 points in (month,profit) format as follows:
(1,18000), (2,15000), (3,12000), (4,11000), (5,9000)
We have the right to graph those points then estimate the line of best fit or you have the right to say regression line.
Using excel energy i obtained equation:
y = -2200x + 19600
currently plug profit(y)=0 and also resolve for x
0 = -2200x + 19600
2200x = 19600
x=19600/2200 = 8.909
which is approx ninth month means september
Hence final slrfc.org will be september month.
See more: What Is The Correlation Between The Brightness Of The Glow Stick And The Reaction Rate?
AlladinOne <14>8 months ago
I do not know just how to define the slrfc.org. I simply know the slrfc.org cause I simply took the test. On the test I obtained it wrong, however it told me the correct slrfc.org is September. That"s just how I know it"s ideal. Wish I might be of more help!
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