Answer:
Where:
Y (dependent variable) Total amount paid
X (independent variable) The months
m = 15 represent the slope
b = 25 the intercept
So then our model would be given by:
And the graph attached illustrate the graph for the problem
For this case we can interpret the 25 as a fixed cost and the 15x represent the vriable cost dependeing in the number of months after the start at the gym
Step-by-step explanation:
For this case we want to create a linear model given by this general expression:
Where:
Y (dependent variable) Total amount paid
X (independent variable) The months
m = 15 represent the slope
b = 25 the intercept
So then our model would be given by:
And the graph attached illustrate the graph for the problem
For this case we can interpret the 25 as a fixed cost and the 15x represent the vriable cost dependeing in the number of months after the start at the gym