The percentage of employees who cease their employment during a year is referred to as employee turnover, and it is a serious issue for businesses. The following table shows the cost, in millions of dollars, to a certain company for a given employee turnover percentage in a year.E = employee turnover10203040C = cost200350500650(a)Show that the data can be modeled by a linear function.For each increase in employee turnover by ten percent the cost increases by ________ million dollars.(b)Find the slope of the linear function. __________million dollars per percentage point(c)Find a linear model for the data.C(E) = _______ (d)Use the result from part (c) to find the cost to the company if employee turnover is 33% in a year. ________million dollars

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MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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The percentage of employees who cease their employment during a year is referred to as employee turnover, and it is a serious issue for businesses. The following table shows the cost, in millions of dollars, to a certain company for a given employee turnover percentage in a year.

E = employee turnover	10	20	30	40
C = cost	200	350	500	650

(a)

Show that the data can be modeled by a linear function.

For each increase in employee turnover by ten percent the cost increases by ________ million dollars.

(b)

Find the slope of the linear function.

__________million dollars per percentage point

(c)

Find a linear model for the data.

C(E) = _______

(d)

Use the result from part (c) to find the cost to the company if employee turnover is 33% in a year.

________million dollars

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