Question
An employee compiled sales data for a company once each month. The scatter plot shows the sales for the company over time. The equation represents the linear model for this data.
y = 0.94x + 12.5
According to the model, what were the company's sales when the employee began collecting data?
Responses
$5000
$5000
$12,500
$12,500
$20,000
$20,000
$35,000
y = 0.94x + 12.5
According to the model, what were the company's sales when the employee began collecting data?
Responses
$5000
$5000
$12,500
$12,500
$20,000
$20,000
$35,000
Answers
GPT-4o mini
To find the company's sales when the employee began collecting data, we need to evaluate the equation at \( x = 0 \). The equation given is:
\[ y = 0.94x + 12.5 \]
Substituting \( x = 0 \):
\[ y = 0.94(0) + 12.5 \]
This simplifies to:
\[ y = 12.5 \]
Since the sales data must be in actual currency units, we can interpret this as $12,500.
Thus, the company's sales when the employee began collecting data were **$12,500**.
\[ y = 0.94x + 12.5 \]
Substituting \( x = 0 \):
\[ y = 0.94(0) + 12.5 \]
This simplifies to:
\[ y = 12.5 \]
Since the sales data must be in actual currency units, we can interpret this as $12,500.
Thus, the company's sales when the employee began collecting data were **$12,500**.