we are given the cost of an overseas call for a particular duration of time and asked to find the variables in the situation.
Since the cost of the call and its length are related,we can conclude that,
x = Length of the call (in minutes)
y = The cost of the call (in $)
Now, we can rewrite the situation in the form of y = mx + b wherein m = slope and b = y-intercept
ATQ,
y-intercept = The cost of the call which lasts for 0 minutes since there's no additional or fixed cost for the call.
slope = The rate of change of the cost wrt the duration of the call
Now, in order to find the cost (y) of a call (x) minutes duration,we can use the formula y = mx + b and in order to find m ,we can use the formula which goes by
m = (change in y)/(change in x)
here, we are given two sets or points i.e. (5.91,5) and (10.86,10)
m = (10-5)/(10.86-5.91) = 5/4.95 = 1.01
Thus, the slope of the equation is 1.01
Now, we can find the y-intercept by plugging in the value of m in the equation when y = 5.91 and x = 5
y = mx + b
5.91 = 5*1.01 + b
5.91 = 5.05 + b
b = 5.91 - 5.05
b = 0.86
thus, the y-intercept of the equation is 0.86
Now, we can find the duration of the call if we have $12 to spend
plugging in y = 12,m = 1.01 and b = 0.86
12 = 1.01x + 0.86
1.01x = 12 - 0.86
1.01x = 11.14
x = 11.14/1.01
x = 11.03 minutes
thus, if we have $12 to spend ,we can attend a call for a rough duration of 11 minutes.