be able Venn to access the test. 2 ( /60 pts) Concept Questions noibolisH (atq 08 1. (15 pts) Describe the relationship between a proportion and a percentage. In what ways are they the same, and in what ways are they different? Do they convey the same information or different information? 2. Suppose that the linear model y = 50x + 200 describes the cost (y) to manufacture r chairs. (a) (10 pts) y is in units of dollars, $, so the the value 200 must also be in dollars. The product 50x must also have units of dollars, but the unit of x is chairs. What must be the units of the coefficient 50 so that the product 50x has units of dollars? (b) (10pts) Describe (in words) the meaning of the linear term 50x in the model. (c) (10pts) Describe (in words) the meaning of the constant term 200 in the model