Question

data. Round each value in your function to the nearest hundredth.Price (dollars), x Profit (dollars), y16150235003165040800446705834062200The equation is y =

Answer 1

x y

16 150

23. 500

31 650

40. 800

44. 670

58. 340

62. 200

Find the equation

step 1

Find the slope

we take two points

(16,150) and (62,200)

m=(200-150)/(62-16)

m=50/46

step 2

Find the equation in point slope form

y-y1=m(x-x1)

we have

m=50/46

(x1,y1)=(16,150)

substitute

y-150=(50/46)(x-16)

Convert to slope intercept form

y=mx+b

Isolate the variable y

y-150=(50/46)x-17.39

y=0.11x-17.39+150

y=0.11x+132.61the variable y

y-150=(50/46)x-17.39

y=the v