## Description

Here are some questions that I need help with. The course called **Quantitative Reasoning. Please find the attached file.**

### Unformatted Attachment Preview

Purchase answer to see full attachment

## Explanation & Answer

View attached explanation and answer. Let me know if you have any questions.

Name _____________________

Course & Section _____________________

Date _____________________

Quiz 6 – MOD 2 (pairs)

i

1. The data below gives the invoice price and the suggested sale price for 9 sedans.

Model

Invoice Price

MSRP

2021 Dodge Charger SXT

$29,501

$29,995

2021 Hyundai Sonata SEL

$24,524

$25,800

2021 Kia Stinger GT AWD

$39,200

$41,790

2021 Mazda6 Touring

$25,565

$27,075

2021 Nissan Altima 2.5 SV

$23,673

$25,400

2021 Nissan Maxima Platinum 3.5L

$39,405

$42,220

2021 Toyota Avalon Hybrid XLE

$33,391

$37,100

2021 Toyota Camry LE

$22,848

$24,970

2021 Toyota Prius Prime XLE

$28,800

$30,000

Using the data given above, answer the following questions:

a. Using Excel, provide the graph and the modeling equation. (5 points)

MSRP

$45,000

y = 1.084x - 554.12

$40,000

$35,000

$30,000

$25,000

$20,000

$15,000

$10,000

$5,000

$0

$0

$5,000 $10,000 $15,000 $20,000 $25,000 $30,000 $35,000 $40,000 $45,000

The equation is y =1.084x-554.12

b. What value can you expect with an invoice price of $35,000? (5 points)

Substituting x = 35000 in the line equation we get, y = 1.084(35000)-554.12

= $37,386

Name _____________________

Course & Section __________...