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, what will the company's sales be after 40 months?


Enter your answer in the box.

$

Answer 1

Answer:

$12,500

Step-by-step explanation:

question is: According to the model, what were the company's sales when the employee began collecting data?

Answer 2

Answer:

$50,100

Step-by-step explanation:

Given the scatter plot and the linear model, we can estimate that the total sales for the company after 40 months will be close to $50,000.  However, in order to get a more precise answer, we can solve for the total sales, 'y', based on the number of months, 'x', in the given linear model:

y = 0.94(40) + 12.5  = 37.6 + 12.5 = 50.1

Since the amount of sales is in multiples of $1000:

50.1 * 1,000 = $50,100