3. Given the table below showing the yearly salary based on years experience with the company for several employees answer the questions that follow. 4 15 years of work salary 34800 a. Find the best fit linear function that models the salary for a worker after t years of service. 1 22000 23500 8 27000 b. Explain the meaning of the y-intercept for this model. c. Explain the meaning of the slope in terms of the problem. 10 31000 d. Use your model to predict the salary for an employee with 20 years of experience. e. How many years of experience would be needed to have a salary of $42000?

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Question
3. Given the table below showing the yearly salary based on years experience with the company
for several employees answer the questions that follow.
4
8
years of
work
salary
a. Find the best fit linear function that models the salary for a worker after t years of service.
1
22000
23500
27000
b. Explain the meaning of the y-intercept for this model.
c. Explain the meaning of the slope in terms of the problem.
10
31000
15
e. How many years of experience would be needed to have a salary of $42000?
34800
d. Use your model to predict the salary for an employee with 20 years of experience.
Transcribed Image Text:3. Given the table below showing the yearly salary based on years experience with the company for several employees answer the questions that follow. 4 8 years of work salary a. Find the best fit linear function that models the salary for a worker after t years of service. 1 22000 23500 27000 b. Explain the meaning of the y-intercept for this model. c. Explain the meaning of the slope in terms of the problem. 10 31000 15 e. How many years of experience would be needed to have a salary of $42000? 34800 d. Use your model to predict the salary for an employee with 20 years of experience.
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