Muscle! paper towel company sells 100,000 six-packs of towel…

Muscle! paper towel company sells 100,000 six-packs of towel rolls when the price is $10 per pack. At that same price, LotsaTowel! sells 80,000 six-packs. When the price drops to $8.00, Muscle! sells 120,000 six-packs of paper towels and LotsaTowel sells 95,000 packs. What is the market supply at $8.00?

STATISTICS Stock market analysts are continually looking for…

STATISTICS Stock market analysts are continually looking for reliable predictors of stock prices.  Consider the problem of modeling the price per share of electric utility stocks (Y-dependent variable).  Two variables thought to influence such stock prices are the return on average equity (X1) and annual dividends (X2).  Using the stock prices, return on average equity and dividend rates on a randomly selected day for 16 utility stocks resulted in the regression output below.   Make a prediction of a utilities stock price if the average return on equity is and the dividend rate is (answer to two decimals i.e. XX.xx)