Adam calculates his annual salary (base pay and commission), y, using the model y=0.28x+38,000%0D%0A%0D%0A=%0D%0A0.28%0D%0A%0D%0A+%0D%0A38%0D%0A,%0D%0A000%0D%0A, where x represents his total sales for the year.(5 points)%0D%0APut responses in the correct input to answer the question. Select a response, navigate to the desired input and insert the response. Responses can be selected and inserted using the space bar, enter key, left mouse button or touchpad. Responses can also be moved by dragging with a mouse.%0D%0A1) What is the y-intercept? Response area%0D%0A%0D%0A2) What does the y-intercept mean in context? Response area%0D%0A%0D%0A3) What is the slope? Response area%0D%0A%0D%0A4) What does the slope mean in context? Response area%0D%0A%0D%0A5) If Adam made $45,000 total annual salary, how much was his total sales? Response area%0D%0A%0D%0A(0, 0.28)0.28Adam's base salary$25,000$50,600$7,000The increase in salary per total sales(0, 38,000)2/8
1) What is the y-intercept?
The y-intercept is 38,000.
2) What does the y-intercept mean in context?
The y-intercept represents Adam's base salary, which is $38,000.
3) What is the slope?
The slope is 0.28.
4) What does the slope mean in context?
The slope represents the increase in salary for every unit increase in total sales. In this case, it means that Adam earns an additional $0.28 in commission for every dollar of sales he makes.
5) If Adam made $45,000 total annual salary, how much was his total sales?
To find the total sales, we can rearrange the equation y = 0.28x + 38,000 and substitute y = $45,000:
45,000 = 0.28x + 38,000
7,000 = 0.28x
x = 7,000 / 0.28
x = $25,000
Therefore, Adam's total sales were $25,000.