Question

An employee compiled sales data for a company once each month. The scatter plot below shows the sales (in multiples of $1000) for the company over time (in months). The equation represents the linear model for this data. y = 0.94x + 12.5 According to the model, how much do the company's sales increase per month? $9400 $940 $1250 $12,500 $5000

Answer 1

B 940

Explanation:

Answer 2

Option B) $940

Explanation:

We are given the following in the question:

`y = 0.94x + 12.5`

The equation represents the company sales in thousand dollars and x is time in months.

Comparing to general form of linear equation.

`y = mx + c`

Comparing, we get,

Slope, m = 0.94

y-intercept, c = 12.5

Interpretation:

Thus, the slope tells us the increase in sales of company with one unit increase in x that is it tells the increase in company's sale per month.

`0.94* 1000 = 940`

$940 is the increase in company's sale per month.

Option B) $940