Math Problem Statement

Assume that the sales of a certain appliance dealer are approximated by a linear function. Suppose that sales were $13,500 in 1982 and $60,500 in 1987. Let x = 0 represent 1982. Find the equation giving yearly sales S.

Solution

To solve this problem, we need to find a linear equation that represents the sales SS of a certain appliance dealer over time. The sales are approximated by a linear function, where:

  • Sales were $13,500 in 1982.
  • Sales were $60,500 in 1987.
  • x=0x = 0 represents the year 1982.

Step 1: Understanding the linear equation

A linear function has the form:

S=mx+bS = mx + b

where:

  • SS is the sales amount,
  • mm is the slope (rate of change of sales per year),
  • xx is the number of years since 1982,
  • bb is the y-intercept (sales in the year 1982).

Step 2: Identifying the values

  • When x=0x = 0 (the year 1982), S=13,500S = 13,500. So, b=13,500b = 13,500.
  • In 1987, x=5x = 5 (since 1987 - 1982 = 5), and S=60,500S = 60,500.

Step 3: Calculating the slope mm

The slope mm is calculated as:

m=Change in salesChange in years=S2S1x2x1m = \frac{\text{Change in sales}}{\text{Change in years}} = \frac{S_2 - S_1}{x_2 - x_1}

Substitute the values:

m=60,50013,50050=47,0005=9,400m = \frac{60,500 - 13,500}{5 - 0} = \frac{47,000}{5} = 9,400

So, the slope m=9,400m = 9,400.

Step 4: Writing the equation

Now we can plug the values of mm and bb into the linear equation:

S=9,400x+13,500S = 9,400x + 13,500

Step 5: Verifying the answer

From the given options:

  • A. S=9,400x+13,500S = 9,400x + 13,500

This matches our calculated equation.

Conclusion

The correct answer is A. S=9,400x+13,500S = 9,400x + 13,500.

Would you like more details, or do you have any questions?

Related Questions:

  1. How would the equation change if sales were different in 1987?
  2. What does the slope m=9,400m = 9,400 represent in the context of this problem?
  3. How do we interpret the y-intercept b=13,500b = 13,500?
  4. What would be the sales in 1990 using this linear model?
  5. How can this linear model be used to predict future sales?

Tip: When solving for a linear function, always identify the initial value (y-intercept) and the rate of change (slope) from the given data.

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Math Problem Analysis

Mathematical Concepts

Algebra
Linear Functions

Formulas

S = mx + b
m = (S2 - S1) / (x2 - x1)

Theorems

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Suitable Grade Level

High School