A mobile phone company offers a phone plan that allows 600 min of airtime per month. The revenue generated from this plan depends on the price of the plan according to the data in the table. 30 35 Monthly Plan Price (S) Revenue ($1000s) 10 15 20 25 1180 1560 1740 1720 1500 1080 Use technology to determine the model that best models this data. a. y = -4x + 176x - 180 4x - 176x + 180 C. y = -4x + 1553.3 d. y= 4x- 1553.3 b. y =

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter7: Distance And Approximation
Section7.3: Least Squares Approximation
Problem 31EQ
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6. A mobile phone company offers a phone plan that allows 600 min of airtime per month. The revenue
generated from this plan depends on the price of the plan according to the data in the table.
20
25
30
35
Monthly Plan Price (S)
Revenue ($1000s)
10
15
1180
1560
1740
1720
1500
1080
Use technology to determine the model that best models this data.
c. y= -4x2 + 1553.3
a. y=-4x + 176óx – 180
b. y= 4x - 176x + 180
d. y= 4x- 1553.3
Page 2 of 4
Transcribed Image Text:6. A mobile phone company offers a phone plan that allows 600 min of airtime per month. The revenue generated from this plan depends on the price of the plan according to the data in the table. 20 25 30 35 Monthly Plan Price (S) Revenue ($1000s) 10 15 1180 1560 1740 1720 1500 1080 Use technology to determine the model that best models this data. c. y= -4x2 + 1553.3 a. y=-4x + 176óx – 180 b. y= 4x - 176x + 180 d. y= 4x- 1553.3 Page 2 of 4
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