Final answer:
The equation for the monthly cost of the Splint plan based on the amount of data used can be written in the form y = mx + b, where m is the slope and b is the y-intercept. Using the given data points, we find that the equation is y = 4x + 32.
Step-by-step explanation:
To find an equation in the form y = mx + b for the monthly cost of the Splint plan based on the amount of data used, we can use two data points: (4, $48) and (32, $160). The equation can be found using the formula for the equation of a line: y = mx + b, where m is the slope and b is the y-intercept.
First, we can find the slope (m) using the formula: m = (y2 - y1) / (x2 - x1). Plugging in the values, we get: m = (160 - 48) / (32 - 4) = 112 / 28 = 4.
Next, we can find the y-intercept (b) by plugging in one of the data points into the equation and solving for b. Using the point (4, $48), we get: $48 = 4(4) + b. Solving for b, we get: b = $48 - 16 = $32.
Therefore, the equation in the Point-Slope form is: y = 4x + 32, and the equation in the Slope-Intercept form is: y = 4x + 32.