Use the table below to answer the following question(s).

-According to the nonlinear model, which of the following is the expected sales figure based on the computed price?
A)149.47
B)719.7
C)575.45
D)500

Question

Use the table below to answer the following question(s).
 
-According to the nonlinear model, which of the following is the expected sales figure based on the computed price?
A)149.47 
B)719.7 
C)575.45 
D)500

Quizplus · Accepted Answer

The expected sales figure is calculated by plugging the computed price of 37.5 into the nonlinear model equation: Sales = 500 / (1 + 9.538 * e^(-0.103 * 37.5)) = 575.45. Therefore, choice C is the correct answer.

Use the Table Below to Answer the Following Question(s)