Questions

1. If in the equation, y = mx + b , y gives the total cost to produce x units, describe the slope and y-intercept in business terms.

2. If in the equation, y = -3x + 1500, y gives the number of households without internet access in a small community as a function of x in months, find the rate of change of the number of households without internet access. Give units with your answer.

3. What are the long range implications based on the model created in the section on Line of Best Fit? Is this reasonable?