Math Problem Statement
Solution
Let's solve the questions using the given equation of the line of best fit: , where represents the average monthly temperature in °F and represents the monthly heating cost in dollars.
(a) Predicted heating cost for a month with an average temperature of :
Substitute into the equation: Answer: $97.10
(b) Predicted decrease in heating cost for an increase of one degree Fahrenheit:
The slope of the line () represents the change in (heating cost) for a one-degree increase in (temperature). Thus: Answer: $1.21
(c) Predicted heating cost for a month with an average temperature of :
Substitute into the equation: Answer: $42.65
Would you like further clarification or additional breakdowns?
Here are 5 related questions to explore further:
- How does the slope affect the trend in heating cost?
- What would be the predicted cost for a temperature of ?
- How could this equation be used to determine at what temperature the heating cost reaches $0?
- What is the importance of the -intercept () in this context?
- How does this linear model simplify the analysis of heating costs compared to other methods?
Tip: In any linear equation, the slope indicates the rate of change, while the intercept provides the starting value when the independent variable is zero!
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Math Problem Analysis
Mathematical Concepts
Linear equations
Scatter plots
Slope-intercept form
Formulas
y = mx + b
Theorems
Linear relationships and rate of change
Suitable Grade Level
Grades 8-10
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