Question: please type or handwrite nicely for problem situation 2 IcWritthe equation for the linear model for create the linear model (2) Option 1: Commissions on

 please type or handwrite nicely for problem situation 2 IcWritthe equation

please type or handwrite nicely for problem situation 2

IcWritthe equation for the linear model for create the linear model (2) Option 1: Commissions on sales (SC). (a) Calculate Edgar's weekly payment if he chooses the combination option for the following amount of sales. AMOUNT WEEKLY COMMISSION SALARY (5) IN SALES (5) 0 e) Graph the line 4,000 8,000 le) Elindcore Nikhisth birthday memorable and decide to buy a they invite for the pure Find algebraically show the solution on the 12,000 16,000 20,000 X SC PROBLEM SITUATION 2: FLAT RATE SALARY VS. COMMISSION ON SALES For employees in the sales industry, compensation practices vary. Some companies only pay their employees a flat rate salary, while others pay out only commission on sales. However, most companies that pay employees in commission on sales also pay out some flat rate salary Edgar is a part-time student majoring in art. Recently he was hired as a full-time salesperson in a store that sells pictures and other decorative wall art. Edgar will work in the department that sells large wall art. All items in this department range from $100 to $1,000 in price. The manager of the store lets Edgar choose between two different ways he can get paid: Commissions on Sales (5): a combination of a base salary of $200 per week plus 3% commission on each sale. Flat Rate Salary(SF): $500 a week. b) Build the linear model for the commission option. Let SC weekly commission salary and x-amount in weekly sales SC = (3) Option 2: Flat Rate (SF). (a) Calculate Edgar's weekly payment if he chooses the flat rate option for the following amount of sales AMOUNT WEEKLY FLAT RATE SALARY (5) IN SALES (5) 0 (1) Which payment option do you think is better for Edgar? Explain your answer. 4,000 8,000 12,000 16.000 20,000 X SF = b) Build the linear model for the flat rate option. Let SF= weekly flat rate salary and x= amount in weekly sales 15) Under what circumstances should Edgar choose the flat rate option? Be specific using precise quantitative information. SF = (4) Graph the data from the tables in (2a) and (3a). Be sure to include scales and labels on the axes. Let the horizontal axis represent the amount of sales and the vertical axis represent the weekly total payment. Both mathematical relationships in the example above with Edgar are linear relationships because when graphed they make straight lines (Linear comes from the Latin word inea, which means a fine. All linear relationships share some important characteristics. (6) What characteristics do you think all linear relationships share and how might you name these characteristics? Discuss this in your group and prepare to share with the class. My Characteristics of Linear Relationships IcWritthe equation for the linear model for create the linear model (2) Option 1: Commissions on sales (SC). (a) Calculate Edgar's weekly payment if he chooses the combination option for the following amount of sales. AMOUNT WEEKLY COMMISSION SALARY (5) IN SALES (5) 0 e) Graph the line 4,000 8,000 le) Elindcore Nikhisth birthday memorable and decide to buy a they invite for the pure Find algebraically show the solution on the 12,000 16,000 20,000 X SC PROBLEM SITUATION 2: FLAT RATE SALARY VS. COMMISSION ON SALES For employees in the sales industry, compensation practices vary. Some companies only pay their employees a flat rate salary, while others pay out only commission on sales. However, most companies that pay employees in commission on sales also pay out some flat rate salary Edgar is a part-time student majoring in art. Recently he was hired as a full-time salesperson in a store that sells pictures and other decorative wall art. Edgar will work in the department that sells large wall art. All items in this department range from $100 to $1,000 in price. The manager of the store lets Edgar choose between two different ways he can get paid: Commissions on Sales (5): a combination of a base salary of $200 per week plus 3% commission on each sale. Flat Rate Salary(SF): $500 a week. b) Build the linear model for the commission option. Let SC weekly commission salary and x-amount in weekly sales SC = (3) Option 2: Flat Rate (SF). (a) Calculate Edgar's weekly payment if he chooses the flat rate option for the following amount of sales AMOUNT WEEKLY FLAT RATE SALARY (5) IN SALES (5) 0 (1) Which payment option do you think is better for Edgar? Explain your answer. 4,000 8,000 12,000 16.000 20,000 X SF = b) Build the linear model for the flat rate option. Let SF= weekly flat rate salary and x= amount in weekly sales 15) Under what circumstances should Edgar choose the flat rate option? Be specific using precise quantitative information. SF = (4) Graph the data from the tables in (2a) and (3a). Be sure to include scales and labels on the axes. Let the horizontal axis represent the amount of sales and the vertical axis represent the weekly total payment. Both mathematical relationships in the example above with Edgar are linear relationships because when graphed they make straight lines (Linear comes from the Latin word inea, which means a fine. All linear relationships share some important characteristics. (6) What characteristics do you think all linear relationships share and how might you name these characteristics? Discuss this in your group and prepare to share with the class. My Characteristics of Linear Relationships

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