Question: I have question number 3 on the next Practice! Linear Models 1) Leasing a particular car costs $850 plus a monthly fee of $225. Create

I have question number 3 on the next

I have question number 3 on the next Practice!
Practice! Linear Models 1) Leasing a particular car costs $850 plus a monthly fee of $225. Create a model that gives the total cost for a given number of months leased. a) What will the dependent variable, y, represent in our model? What units will y be measured in? b) What will the independent variable, x, represent in our model? What units will x be measured in? c) What is the starting value for the lease? In other words, what is the y-intercept, b? d) What is the slope, m? Slope represents the rate at which y changes when x increases by 1 month. Is it increasing or decreasing? e) Put the pieces together to write the model y = mx + b. f) How much would it cost to lease the car for 6 months? g) How many months could you lease the car if your budget was $3,800? 2) The Happy Widget Company has a fixed cost of $1,500 each day to run their factory and a variable cost of $1.25 for each widget they produce. a) Create a linear model for their daily cost. What do your x and y represent? b) How much does it cost them to produce 300 widgets? c) How many widgets can they produce for $2,040

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