The Happy Widget Company has a fixed cost of $1,480 each day to run their factory and a variable cost of $1.44 for each widget they produce. linear model for their daily cost.

How much does it cost them to produce 285 widgets

The Happy Widget Company has a fixed cost of $1,383 each day to run their factory and a variable cost of $1.29 for each widget they produce.

linear model for their daily cost.

How many widgets can they produce for $2,112?

In 1980, the average cost of a pack of cigarettes was $0.98.In 2000, the average cost was $4.93 per pack.

What is the average rate of change of the cost of a pack of cigarettes?What is another name for the average rate of change?

In 1980, the average cost of a pack of cigarettes was $0.99.In 2000, the average cost was $4.97 per pack.

Findis the average rate of change of the cost of a pack of cigarettes linear equation using the year 1980 as your starting year.What value did you put in for your starting point?In 1980, the average cost of a pack of cigarettes was $0.94.In 2000, the average cost was $4.89 per pack.

Find the average rate of change of the cost of a pack of cigarettes.

Create linear equation using the year 1980 as your starting year.

Use the linear model to estimate the cost of a pack of cigarettes in 2,011.

Do not round any values until the end of the

The local Phi Theta Kappa chapter is selling lemon shakeups on campus as a fundraiser for their trip to Nerd Nation this year.PTK members are volunteering their time to man the booth, but the chapter spent $847 on supplies to make the shakeups.They intended to charge $3.44 per shakeup.

The local Phi Theta Kappa chapter is selling lemon shakeups on campus as a fundraiser for their trip to Nerd Nation this year.PTK members are volunteering their time to man the booth, but the chapter spent $828 on supplies to make the shakeups.They intended to charge $2.59 per shakeup.

What is the starting amount, b, prior to selling the shakeups?

The local Phi Theta Kappa chapter is selling lemon shakeups on campus as a fundraiser for their trip to Nerd Nation this year.PTK members are volunteering their time to man the booth, but the chapter spent $801 on supplies to make the shakeups.They intended to charge $2.65 per shakeup.

Construct a linear model that represents the money raised by this fundraiser.

The chapter purchased enough materials to make 244 shakeups.How much money will they have raised (+) or lost (-) if they sell all the 244 shakeups?

Round your answer to the nearest cent.

Flag question: Question 9

Question 9

1pts

The local Phi Theta Kappa chapter is selling lemon shakeups on campus as a fundraiser for their trip to Nerd Nation this year.PTK members are volunteering their time to man the booth, but the chapter spent $835 on supplies to make the shakeups.They intended to charge $3.12 per shakeup.

How many shakeups will the chapter have to sell to break even?

Round your answer to the first shakeup that gives a profit.

Flag question: Question 10

Question 10

1pts

What is the slope of the trend line equation?Give your answer to 4 decimal places.

Flag question: Question 11

Question 11

1pts

Interpret the meaning of the slope.

Group of answer choices

The average price of a Big Mac increases by $0.0726 every year

0.0726 Big Macs are sold per person in the United States

142 less Big Macs are sold very year

The average price of a Big Mac increases by $0.8766 per year.

Flag question: Question 12

Question 12

1pts

What type of linear correlation exists between years and price?

Group of answer choices

strong positive correlation

strong negative correlation

weak positive correlation

weak negative correlation

Flag question: Question 13

Question 13

1pts

Use the equation of the trend line to estimate the cost of a big Mac in the year 2001.

Round your answer to the nearest cent.

Flag question: Question 14

Question 14

1pts

Use the graph to estimate the actual value for 2001.

Round your answer to the nearest 50 cents.

Flag question: Question 15

Question 15

1pts

Use the graph to estimate the actual value for 2001.Quantify how this value compares to the value found in part d.

Group of answer choices

The actual value is about $0.36 less than the estimated value.

The estimated value is about $0.36 less than the actual value.

The actual value is about $0.36 more than the estimated value.

The estimate value is not accurate so we should not use it.

Flag question: Question 16

Question 16

1pts

How many years of actual data did we collect?

Flag question: Question 17

Question 17

1pts

If we were to use this model to predict the cost of a Big Mac in 2025, how many years into the future would the model be predicting?

Flag question: Question 18

Question 18

1pts

Should we use this model to predict the price of a Big Mac in 2025?Why or why not?You will hand in your explanation for grading by hand.

Group of answer choices

Select this if you said yes, no, or maybe

I do not know