a small company did an analysis of their pay scale versus years of experience and found that the line of…

a small company did an analysis of their pay scale versus years of experience and found that the line of best fit was y = 2035.6x + 36,000. what does the 36,000 mean in context of the problem? a an employee earns $36,000 for each year of experience. b an employee with 0 years of experience would earn a salary of $36,000. c the maximum salary earned is $36,000. d an employee earns $36,000 more than his/her years of experience.

a small company did an analysis of their pay scale versus years of experience and found that the line of best fit was y = 2035.6x + 36,000. what does the 36,000 mean in context of the problem? a an employee earns $36,000 for each year of experience. b an employee with 0 years of experience would earn a salary of $36,000. c the maximum salary earned is $36,000. d an employee earns $36,000 more than his/her years of experience.

Answer

Brief Explanations:

The equation $y = 2035.6x+36000$ is in slope - intercept form $y = mx + b$, where $b$ is the y - intercept. In the context of pay scale ($y$) versus years of experience ($x$), when $x = 0$ (no years of experience), $y=36000$. So 36000 represents the starting salary.

Answer:

B. An employee with 0 years of experience would earn a salary of $36,000.