Answer: Let's assume:
x = number of monthly minutes used
y = total monthly cost of the NextFell plan
We are given two data points:
When x = 490 minutes, y = $254.5
When x = 820 minutes, y = $403
We can use these two points to find the equation of the line in the form y = mx + b.
Step 1: Find the slope (m) of the line.
The slope (m) of the line can be calculated using the formula:
m = (change in y) / (change in x)
m = (403 - 254.5) / (820 - 490)
m = 148.5 / 330
m = 0.45
Step 2: Find the y-intercept (b) of the line.
To find the y-intercept (b), we can use one of the data points and substitute the values of x, y, and m.
Using the first data point (x = 490 minutes, y = $254.5):
254.5 = 0.45 * 490 + b
254.5 = 220.5 + b
Now, solve for b:
b = 254.5 - 220.5
b = 34
Step 3: Write the equation of the line.
Now that we have the slope (m = 0.45) and the y-intercept (b = 34), we can write the equation of the line:
y = 0.45x + 34
This equation represents the total monthly cost (y) of the NextFell plan based on the number of monthly minutes used (x).