Given that the relationship between the total cost and number of minutes is linear, we would write it in the slope intercept form which is expressed as
y = mx + c
where
m represents slope
c represents y intercept
The formula for calculating slope is expressed as
m = (y2 - y1)/(x2 - x1)
In this scenario, the x values are the number of minutes while the y values are the total cost. From the table,
when x1 = 500, y1 = 62
when x2 = 750, y2 = 77
Substituting theses values into the slope formula, we have
m = (77 - 62)/(750 - 500) = 15/250 = 0.06
We would find the y intercept by substituting m = 0.06, x = 500 and y = 62 into the slope intercept equation. We have
62 = 0.06* 500 + c
62 = 30 + c
c = 62 - 30 = 32
By substituting m = 0.06 and c = 32 into the slope intercept equation, the correct linear model that represents the total monthly cost as a function of time is
y = 0.06x + 32