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In using regression analysis for making predictions what are the assumptions involved

Assignment Solutions, Case study Answer sheets <br>Project Report and Thesis contact<br>aravind.banakar@gmail.com<br>www.mbacasestudyanswers.com<br>ARAVIND – 09901366442 – 09902787224<br><br>Quantitative Methods<br><br>CASE STUDY (20 Marks)<br><br>The price P per unit at which a company can sell all that it produces is given by the function P(x) = 300 — 4x. The cost function is c(x) = 500 28x where x is the number of units produced. Find x so that the profit is maximum. <br><br>Answer the following question.<br><br>Q1. Find the value of x.<br><br>Q2. In using regression analysis for making predictions what are the assumptions involved.<br><br>Q3. What is a simple linear regression model?<br><br>Q4. What is a scatter diagram method?<br><br>Assignment Solutions, Case study Answer sheets <br>Project Report and Thesis contact<br>aravind.banakar@gmail.com<br>www.mbacasestudyanswers.com<br>ARAVIND – 09901366442 – 09902787224<br>

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In using regression analysis for making predictions what are the assumptions involved

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  1. Quantitative Methods Dr. Aravind Banakar9901366442 – 9902787224

  2. Quantitative Methods CASE STUDY (20 Marks) The price P per unit at which a company can sell all that it produces is given by the function P(x) = 300 — 4x. The cost function is c(x) = 500 + 28x where x is the number of units produced. Find x so that the profit is maximum.

  3. Answer the following question. Q1. Find the value of x. Q2. In using regression analysis for making predictions what are the assumptions involved. Q3. What is a simple linear regression model? Q4. What is a scatter diagram method?

  4. Global Study Solutions Dr. Aravind Banakar aravind.banakar@gmail.com www.mbacasestudyanswers.com 9901366442 – 9902787224

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