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

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Answer:

Option B) $940

Step-by-step explanation:

We are given the following in the question:

[tex]y = 0.94x + 12.5[/tex]

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

Comparing to general form of linear equation.

[tex]y = mx + c[/tex]

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.

[tex]0.94\times 1000 = 940[/tex]

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

Option B) $940

Answer:

B 940

Step-by-step explanation: