The percentage of employees who cease their employment during a year is referred to as employee turmover, 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 C= cost 10 20 30 40 250 380 510 640 (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 tumover is 37% in a year. million dollars

The percentage of employees who cease their employment during a year is referred to as employee turmover, 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 C= cost 10 20 30 40 250 380 510 640 (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 tumover is 37% in a year. million dollars

Name: 2 The percentage of employees who cease their employment during a year
Uploaded: 2024-03-20T07:06:41.000Z
Channel: Bartleby
Description: 2 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 ofdollars, to a certain company for a given employee