Company A: A 2-column table with 5 rows. The first column is labeled hours with entries 5, 12, 20, 29, 42. The second column is labeled earnings (dollar sign) with entries 340, 404, 460, 530, 630.
Company B: A 2-column table with 5 rows. The first column is labeled hours with entries 4, 9, 20, 32, 39. The second column is labeled earnings (dollar sign) with entries 125, 234, 450, 668, 828.
If Amelia wants to make the maximum amount of money working only 22 hours per week, which company should she work for? Explain your answer.
1) Company A: Using linear regression models from both data sets, she determines that it pays about $14 more.
2) Company A: Using quadratic regression models from both data sets, she determines that it pays about $5 more.
3) Company B: Using linear regression models from both data sets, she determines that it pays about $10 more.
4) Company B: Using exponential regression models from both data sets, she determines that it pays about $8 more.