A teacher buys some pencils. • He buys 2 pencils for each of his students.
• He buys 10 additional pencils.
• Each pencil costs $0.10.
Which equation describes the total amount of money
(y), in dollars, that the teacher spends on pencils as a
function of the number of students (x) he has?

If a company produces x units of an item at a cost of $35 apiece the function c=35x is a of the total production costs

Ana earns 2.5% simple interest on $2,000 in her savings account. she does not make any deposits or withdrawals. after 3 years, how much interest will ana have earned on her savings account?

1. the manager of collins import autos believes the number of cars sold in a day (q) depends on two factors: (1) the number of hours the dealership is open (h) and (2) the number of salespersons working that day (s). after collecting data for two months (53 days), the manager estimates the following log-linear model: q 4 equation 1 a. explain, how to transform the log-linear model into linear form that can be estimated using multiple regression analysis. the computer output for the multiple regression analysis is shown below: q4 table b. how do you interpret coefficients b and c? if the dealership increases the number of salespersons by 20%, what will be the percentage increase in daily sales? c. test the overall model for statistical significance at the 5% significance level. d. what percent of the total variation in daily auto sales is explained by this equation? what could you suggest to increase this percentage? e. test the intercept for statistical significance at the 5% level of significance. if h and s both equal 0, are sales expected to be 0? explain why or why not? f. test the estimated coefficient b for statistical significance. if the dealership decreases its hours of operation by 10%, what is the expected impact on daily sales?