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July 31, 2014

July 31, 2014

Posted by **Rebekah** on Wednesday, January 25, 2012 at 10:29pm.

- Quantitative analysis -
**Reiny**, Wednesday, January 25, 2012 at 10:44pmtreat your data as two ordered pairs

( 350 , 11500) and (420 , 12900)

find the equation like you would given any two ordered pairs,

i.e.

find the slope etc

- Quantitative analysis -
**Damon**, Wednesday, January 25, 2012 at 10:44pmcost = slope (number of units) + constant

y = m x + b

11500 = 350 m + b

12900 = 420 m + b

solve for m and b by elimination or substitution

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