Write a function that models the number of golf carts sold as a function of the number of days in the month of February. What is the meaning of the slope as a rate of change for th... Write a function that models the number of golf carts sold as a function of the number of days in the month of February. What is the meaning of the slope as a rate of change for this line of best fit? What is the meaning of the y-intercept? How many golf carts does the company still have on February 15th?
Understand the Problem
The question is asking for a mathematical model based on a scatter plot, specifically a linear function related to golf cart sales over February days. It also involves interpreting the slope, y-intercept, and making a prediction based on the given data.
Answer
The equation is $y = -2.5x + 21$. On February 15, there are 0 golf carts left.
Answer for screen readers
The linear function modeling the number of golf carts sold is:
$$ y = -2.5x + 21 $$
On February 15, the company will have 0 golf carts left.
Steps to Solve
- Identify the Linear Function We need to find a linear function to model the golf carts sold based on the data shown in the scatter plot. A linear function typically has the form:
$$ y = mx + b $$
Here, $y$ represents the number of golf carts sold, $x$ represents the number of days into February, $m$ is the slope, and $b$ is the y-intercept.
- Determine the Slope ($m$) From the scatter plot, determine two points from the line of best fit. For example, if a point is at (3, 15) and another at (9, 0):
The slope $m$ can be calculated using the formula:
$$ m = \frac{y_2 - y_1}{x_2 - x_1} $$
Plugging in our points: $$ m = \frac{0 - 15}{9 - 3} = \frac{-15}{6} = -2.5 $$
This means the slope is $-2.5$, so every day, 2.5 fewer golf carts are sold.
- Find the Y-Intercept ($b$) The y-intercept is the value of $y$ when $x = 0$. From the plot, if the y-intercept shows 21 golf carts when no days have passed, then:
$$ b = 21 $$
- Write the Final Equation Now we can write the complete linear function combining the slope and y-intercept:
$$ y = -2.5x + 21 $$
- Interpret the Slope As previously calculated, the slope represents the rate of change of golf cart sales:
Every day, roughly 2.5 fewer golf carts are sold.
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Interpret the Y-Intercept The y-intercept, 21, indicates the number of golf carts available at the start of February (Day 0).
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Predict Sales on February 15 To find out how many carts are left on February 15 ($x = 15$):
$$ y = -2.5(15) + 21 $$
Calculating this will give us the remaining golf carts.
The linear function modeling the number of golf carts sold is:
$$ y = -2.5x + 21 $$
On February 15, the company will have 0 golf carts left.
More Information
This model helps to predict sales trends and manage inventory efficiently. Understanding slope and intercepts in a linear function can significantly enhance business strategies.
Tips
- Misidentifying Points: Using the wrong points to calculate the slope can lead to incorrect models.
- Not Substituting Correctly: Errors in plugging values into the equation when predicting future sales (like February 15) can skew results.
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