The problem has three parts: (a) Find the linear regression equation for the given data set and estimate the value of $x$ when $y=9$. (b) Determine the number of ways to select a coach, a trainer, and an assistant coach from 10 officials. (c) Given the profit function $P(x) = 2x^2 + 40x + 2000$ and the cost function $C(x) = x^2 - 30x + 500$, evaluate the marginal revenue at $x=2$.
2025/6/4
1. Problem Description
The problem has three parts:
(a) Find the linear regression equation for the given data set and estimate the value of when .
(b) Determine the number of ways to select a coach, a trainer, and an assistant coach from 10 officials.
(c) Given the profit function and the cost function , evaluate the marginal revenue at .
2. Solution Steps
(a) Linear Regression and Estimation:
The data points are , , , .
First, calculate the means of and :
Next, calculate the slope of the linear regression equation:
Now, find the y-intercept :
The linear regression equation is .
To estimate the value of when , we solve for :
(b) Combinations:
We need to select 3 officials (coach, trainer, and assistant coach) from 10 officials. Since the order matters (each position is distinct), we use permutations.
The number of permutations of objects taken at a time is given by:
In this case, and .
(c) Marginal Revenue:
Given the profit function and cost function .
The revenue function is related to the profit and cost functions by , thus .
The marginal revenue is the derivative of the revenue function, .
Now, evaluate the marginal revenue at :
3. Final Answer
(a) The linear regression equation is . The estimated value of when is approximately .
(b) There are 720 ways to select a coach, a trainer, and an assistant coach.
(c) The marginal revenue at is
2
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