Bill calculates his annual salary (commission and base pay), y, using the model y = 0.40x + 45,000, where x represents his total sales for the year.

Question

Bill calculates his annual salary (commission and base pay), y, using the model y = 0.40x + 45,000, where x represents his total sales for the year.

What is the meaning of the y-intercept in the model?

Responses

the y-intercept represents Bill's base pay before commission

the y-intercept represents the highest salary Bill can earn

the y-intercept represents Bill's commission pay

Answer 1

the y-intercept represents Bill's base pay before commission

Answer 2

Are you sure?

Answer 3

Yes, I'm sure. In the given model, the coefficient of x is 0.4, which means that Bill's commission is calculated as 0.4 times his total sales. The constant term in the model 45,000 represents Bill's base pay before any commissions or bonuses. Therefore, the y-intercept in the model represents Bill's base pay before commission.

Answer 4

Oh okay, Thank you!

Answer 5

You're welcome! If you have any other questions, feel free to ask.

Answer 6

Got it! Have a great day bye!!

Answer 7

Bill calculates his annual salary (commission and base pay), y, using the model y = 0.40x + 45,000, where x represents his total sales for the year.

the y-intercept represents Bill's base pay before commission

Are you sure?

Oh okay, Thank you!

You're welcome! If you have any other questions, feel free to ask.

Got it! Have a great day bye!!

You too! Have a great day! Goodbye!