If m = 3 and b = 6, what is the correct equation for Line of Best Fit?
2 answers:
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Answer: y = 7.5
Step-by-step explanation:
Suppose that y varies directly with x
That is, y∝x
Convert y∝x to a full equation by introducing a constant k to the right hand side.
Therefore, y = kx
Given that y = 10 and x = 20
Substitute y and x in the equation above. We have;
10 = k(20)
10 = 20k
20k = 10
k = 10/20
k = 0.5
Since k = 0.5, the equation y = kx becomes y = 0.5x
Now, to find y if x = 15, substitute x in equation y = 0.5x
Therefore, y = 0.5(15)
y = 7.5
Answer:
Profit = Rs 100
Profit %age = 6.25%
Step-by-step explanation:
Cost Price = Rs 80
Cost Price for 20 kg = Rs 1600
Selling Price = Rs 85
<u><em>Profit for 1 kg</em></u> = Rs 85 - Rs 80
=> Rs 5 (For 1 Kg)
<u><em>Profit for 20 kg:</em></u>
=> Rs 5*20
=> Rs 100
<u><em>Now Profit %age:</em></u>
=>
=> 0.0625 * 100
=> 6.25%