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

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
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Chapter3: Straight Lines And Linear Functions
Section3.3: Modeling Data With Linear Functions
Problem 16E: High School Graduates The following table shows the number, in millions, graduating from high school...
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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
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