Given that percent can be expressed in decimal form (example: 25% of a value y can be written as 0.25y) answer the following:
Tom uses the linear model of y = 35,000 + 0.45x to anticipate his salary from completing x amount of dollars' worth of jobs.
What is Tom's base salary? What percent commission does he earn? Would you be able to use the same equation for Tom the next year? Why or why not?
I am new here and would appreciate any help. I came up with an answer of 35,000 for annual salary and 45% commission and it could be used the next year if the commission stayed the same. I feel thats to easy and i'm missing something in this problem. any help would be appreciated. Thank you.
Tom uses the linear model of y = 35,000 + 0.45x to anticipate his salary from completing x amount of dollars' worth of jobs.
What is Tom's base salary? What percent commission does he earn? Would you be able to use the same equation for Tom the next year? Why or why not?
I am new here and would appreciate any help. I came up with an answer of 35,000 for annual salary and 45% commission and it could be used the next year if the commission stayed the same. I feel thats to easy and i'm missing something in this problem. any help would be appreciated. Thank you.
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