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kykrilka [37]
3 years ago
12

The phone company Ringular has a monthly cellular plan where a customer pays a flat monthly fee and then a certain amount of mon

ey per minute used on the phone. If a customer uses 300 minutes, the monthly cost will be $131. If the customer uses 990 minutes, the monthly cost will be $372.5. A) Find the slope and explain what it means
Mathematics
1 answer:
ivanzaharov [21]3 years ago
4 0

Answer:

The slope is $0.35/min and it gives the cost per minute of the phone used.

Step-by-step explanation:

We can model this situation with a linear equation of the form

y =mx+b

where y is monthly cost, x is the number of minutes, b is the flat monthly fee, and m is the slope of the equation, or in our case, the amount of money charged per minute.

The slope m is

m= \dfrac{\$372.5-\$131}{990min-300min}

m = \$0.35/min,

in other words, the phone company charges $0.5 per minute.

With the slope in hand, the linear equation becomes

y =0.35x+b,

and we can find the monthly fee b from that fact that for 300 minutes the cost is $131:

\$131 = 0.35(300min) +b

b = \%26.

Therefore,

y = 0.35x+26

where the slope if the equation give the cost per minute of the phone used.

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Answer:

16 cups of cashews

12 cups of almonds

Step-by-step explanation:

Let's say x is the cups of cashews and y is the cups of almonds.

We can write two equations:

x / y = (1/3) / (1/4) = 4/3

x + y = 28

Solve the system of equations using substitution.

x = 4/3 y

4/3 y + y = 28

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If you choose one student at random, what is the probability (±0.0001) that the student's score is between 20 and 30?
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An automobile dealer wants to see if there is a relationship between monthly sales and the interest rate. A random sample of 4 m
SVETLANKA909090 [29]

Answer:

a) y=-6.254 x +75.064  

b) r =-0.932

The % of variation is given by the determination coefficient given by r^2 and on this case -0.932^2 =0.8687, so then the % of variation explained by the linear model is 86.87%.

Step-by-step explanation:

Assuming the following dataset:

Monthly Sales (Y)     Interest Rate (X)

       22                               9.2

       20                               7.6

       10                                10.4

       45                                5.3

Part a

And we want a linear model on this way y=mx+b, where m represent the slope and b the intercept. In order to find the slope we have this formula:

m=\frac{S_{xy}}{S_{xx}}  

Where:  

S_{xy}=\sum_{i=1}^n x_i y_i -\frac{(\sum_{i=1}^n x_i)(\sum_{i=1}^n y_i)}{n}  

S_{xx}=\sum_{i=1}^n x^2_i -\frac{(\sum_{i=1}^n x_i)^2}{n}  

With these we can find the sums:  

S_{xx}=\sum_{i=1}^n x^2_i -\frac{(\sum_{i=1}^n x_i)^2}{n}=278.65-\frac{32.5^2}{4}=14.5875  

S_{xy}=\sum_{i=1}^n x_i y_i -\frac{(\sum_{i=1}^n x_i)(\sum_{i=1}^n y_i){n}}=696.9-\frac{32.5*97}{4}=-91.225  

And the slope would be:  

m=\frac{-91.225}{14.5875}=-6.254  

Nowe we can find the means for x and y like this:  

\bar x= \frac{\sum x_i}{n}=\frac{32.5}{4}=8.125  

\bar y= \frac{\sum y_i}{n}=\frac{97}{4}=24.25  

And we can find the intercept using this:  

b=\bar y -m \bar x=24.25-(-6.254*8.125)=75.064  

So the line would be given by:  

y=-6.254 x +75.064  

Part b

For this case we need to calculate the correlation coefficient given by:

r=\frac{n(\sum xy)-(\sum x)(\sum y)}{\sqrt{[n\sum x^2 -(\sum x)^2][n\sum y^2 -(\sum y)^2]}}  

r=\frac{4(696.9)-(32.5)(97)}{\sqrt{[4(278.65) -(32.5)^2][4(3009) -(97)^2]}}=-0.937  

So then the correlation coefficient would be r =-0.932

The % of variation is given by the determination coefficient given by r^2 and on this case -0.932^2 =0.8687, so then the % of variation explained by the linear model is 86.87%.

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