MATH CHALLENGE 30 POINTS
1 answer:
You might be interested in
We want to find a linear equation that models the given situation.
The solution is p = $0.0001*q - $23
The general linear equation is:
p = m*q + c
Where m is the slope and c is the y-intercept.
If we know that the line passes through two points (x₁, y₁) and (x₂, y₂) then the slope can be written as:
Here we have the two points:
price = $9, boxes = 320,000
price = $8.50, boxes = 270,000
We can rewrite these as:
(320,000 , $9)
(270,000 , $8.50)
Then the slope of the line will be:
Then the line is something like:
p = $0.0001*q + c
To find the value of c we can use one of the two given points, I will use the first one, (320,000 , $9).
Replacing that in our equation we get:
$9 = $0.0001*320,000 + c
$9 - $0.0001*320,000 = c = -$23
Then the linear equation is:
p = $0.0001*q - $23
If you want to learn more you can read:
Answer:
The correct answer is:
0.01$ (c)
Step-by-step explanation:
Standard deviation is a measure of how spread out numbers are from the mean value. The formula for standard deviation is given by:
Variance is a measure of the squared differences from the mean.
Variance is simply the square of the standard deviation. It is mathematically shown as:
Now in our example,
Stabnard deviation = $0.10
Variance = (standard deviation)²
Variance = (0.10)²
Variance = $0.01