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STAT 201 Saudi Electronic University Revenue Sales and Cost Questions

Question Description

Solve the following questions:

  1. A company buys, sells, and repairs old computers. Rebuilt computers sell for $1000 per unit. Fixed cost of equipment to rebuild computers is $16,000. Variable cost for repair material is $600 per unit. What is the equation that represent this situation?

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2. A company buys, sells, and repairs old computers. Rebuilt computers sell for $1000 per unit. Fixed cost of equipment to rebuild computers is $16,000. Variable cost for repair material is $600 per unit. If Company sells 40 Computers, what will be the total expenses?

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3.The following table shows the number of Motor registrations in a certain territory and the sales of Motor tyres by a firm in that territory,

Motor Registrations(x)

Number of Tyres sold(y)

600

1250

630

1100

720

1300

750

1350

800

1500

then the regression equation to estimate the sale of tyres when the motor registration is known is given by

  1. y = 1.4928x + 255.04
  2. y = 2.4444x + 355.09
  3. y = 3.4229x + 155.04
  4. y = 5.5674x + 786.09

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