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Quantitative Methods

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Presentation on theme: "Quantitative Methods"— Presentation transcript:

1 Quantitative Methods info@answersheets.in +91 95030-94040

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?

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