Answer:
Third option is the correct answer
Step-by-step explanation:
B0 AND B1 are the parameters which describes the intercept and slope of the lines.
According to statement
we have to find the parameters which describes the intercept and slopes.
Simple linear regression is a model that estimates the relationship between one independent variable and one dependent variable using a straight line. Both variables should be quantitative.
So, B0 AND B1 are the parameters which describes the intercept and slope of the lines.
Learn more about SLOPES here brainly.com/question/3493733
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One company charges:
$376 + $12*h
Other company charges:
$280 + $15*h
They will both charge the same when:
$376 + $12*h = $280 + $15*h
96 = 3*h
hours = 32
Cost will be $760
Double Check
$376 + $12 * 32 hours = $760
$280 + $15 * 32 hours = $760
-22 = - (x - 4)
= -22 = -x + 4 (distribute the minus)
= -26 = -x (subtract 4 from both sides)
= 26 = x (divide by -1 to remove the minus from x)
so, x = 26
