What is the answer to -24-1/8p=3/8p?
1 answer:
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A) Commission made last week is $ 288
B) Commissions earned in a year,treating a year as having exactly 52 weeks is $ 14976
<em><u>Solution:</u></em>
From given,
Commission rate = 4 %
Last week,she sold $7,200 worth of stocks
<em><u>A. ) How much commission did she make last week?</u></em>
Therefore,
Thus commission made last week is $ 288
B)
Given that,
If she were to average that same commission each week
To find the commissions earned in a year, treating a year as having exactly 52 weeks
Therefore,
Thus commissions earned in a year,treating a year as having exactly 52 weeks is $ 14976
The statements that are true based on the scatter plot and the given equation of line of best-fit are:
- In general, the line of best fit indicates that, the cost of a car insurance policy for a 21-year-old should be on average of about $315 less than the cost of a car insurance policy for a 20-yr-old.
- Car insurance policy cost tends to decrease as age of driver increases.
Given that the correlation coefficient of -0.951, it suggests that the policy cost and ages of the men as shown in the scatter plot are strongly negatively correlated.
This means that, the lower the higher the age of the men, the lesser the cost of a car insurance policy.
The slope value in the equation, y = -315.67x + 8986.5, is -315.67, which is the average cost of a car insurance policy per year.
Therefore, the statements that are true based on the scatter plot and the given equation of line of best-fit are:
- In general, the line of best fit indicates that, the cost of a car insurance policy for a 21-year-old should be on average of about $315 less than the cost of a car insurance policy for a 20-yr-old.
- Car insurance policy cost tends to decrease as age of driver increases.
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