Adam calculates his annual salary (base pay and commission), y, using the model y=0.28x+38,000
, where x represents his total sales for the year.(5 points)
Put responses in the correct input to answer the question. Select a response, navigate to the desired input and insert the response. Responses can be selected and inserted using the space bar, enter key, left mouse button or touchpad. Responses can also be moved by dragging with a mouse.
1) What is the y-intercept? Response area
2) What does the y-intercept mean in context? Response area
3) What is the slope? Response area
4) What does the slope mean in context? Response area
5) If Adam made $45,000 total annual salary, how much was his total sales?
1) The y-intercept is 38,000.
2) The y-intercept represents Adam's base salary, or the amount of money he earns regardless of his total sales.
3) The slope is 0.28.
4) The slope represents the commission rate Adam earns on each dollar of sales. For every dollar of sales, he earns an additional 0.28 in commission.
5) To find the total sales, we can substitute $45,000 for y in the equation and solve for x.