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question 13 of 25 use the line of best fit to predict the percentage sa…

Question

question 13 of 25

use the line of best fit to predict the percentage sales increase when the discount is 35%.

a. 85%
b. 107%
c. 22%
d. 93%

Explanation:

Find the equation of the line of best fit

Using the two points on the line, \((10, 32)\) and \((20, 62)\):

$$ m = \frac{62 - 32}{20 - 10} = \frac{30}{10} = 3 $$
$$ y - 32 = 3(x - 10) \implies y = 3x + 2 $$

Predict the sales increase for a 35% discount

Substitute \(x = 35\) into the linear equation:

$$ y = 3(35) + 2 = 105 + 2 = 107 $$

Match with the given options

The predicted percentage sales increase is \(107\%\), which corresponds to option B.

Answer:

  • (A) 85%
  • (B) 107% (Correct answer)
  • (C) 22%
  • (D) 93%