Question

A phone company has a monthly cellular data plan where a customer pays a flat monthly...

A phone company has a monthly cellular data plan where a customer pays a flat monthly fee of $10 and then a certain amount of money per megabyte (MB) of data used on the phone. If a customer uses 20 MB, the monthly cost will be $11.20. If the customer uses 130 MB, the monthly cost will be $17.80. a. Find a linear equation for the monthly cost of the data plan C as a function of x, the number of MB used. Enter equation without any spaces between alphanumeric characters and signs. Enter any decimal values less than 1 with a "0" before the decimal point. Examples of correctly-entered response are C=2x+5 C=0.03x–22 C=–4x+0.35 b. Use your equation to find the total monthly cost (in $) if 250MB are used. Enter number value only (no "$" sign) with answer rounded to nearest cent (2 places after decimal)

Homework Answers

Answer #1

As per the phone company’s monthly cellular data plan, a customer pays a flat monthly fee of $10 and then a certain amount of money per megabyte (MB) of data used. If a customer uses 20 MB, the monthly cost will be $11.20 and if the customer uses 130 MB, the monthly cost will be $17.80.

a. Let the required linear equation for the monthly cost of the data plan C(x) be C(x) = mx +b, where x is the number of MB used , m is the slope and b is an arbitrary real number. Now, when x = 0, C(x) = $ 10 so that b = 10. Then C(x) = mx+10. Further, m = ( 17.80-11.20)/ ( 130-20) = 6.60/110 = 0.06. Hence the required linear equation is 0.06x+10.

b. Further, if x = 250MB, then C(x) = 0.06*250+10 = $ 25.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
A phone company offers two monthly charge plans. In Plan A, the customer pays a monthly...
A phone company offers two monthly charge plans. In Plan A, the customer pays a monthly fee of $6.20 and then an additional 7 cents per minute of use. In Plan B, there is no monthly fee, but the customer pays 9 cents per minute of use. For what amounts of monthly phone use will Plan A cost more than Plan B? Use m for the number of minutes of phone use in a month, and solve your inequality for...
A phone company offers two monthly charge plans. In Plan A, the customer pays a monthly...
A phone company offers two monthly charge plans. In Plan A, the customer pays a monthly fee of $41.40 and then an additional 4 cents per minute of use. In Plan B, the customer pays a monthly fee of $35 and then an additional 6 cents per minute of use. For what amounts of monthly phone use will Plan A cost no more than Plan B? Use m for the number of minutes of phone use, and solve your inequality...
a cellular phone company monitors monthly phone usage. The following data represent the monthly phone use...
a cellular phone company monitors monthly phone usage. The following data represent the monthly phone use in minutes of one particular customer for the past 20 months. use the given data to answer parts (a) and (b) 321 423 417 416 508 378 390 491 552 387 325 430 329 454 547 337 345 490 340 356 (a) determine the standard deviation and interquartile range of the data. S= ___ (round to two decimal places as needed) IQR= ____(type an...
A cellular phone company monitors monthly phone usage. The following data represent the monthly phone use...
A cellular phone company monitors monthly phone usage. The following data represent the monthly phone use in minutes of one particular customer for the past 20 months. Use the given data to answer parts​ (a) and​ (b). 327 401 339 342 559 326 344 419 469 492 340 323 548 479 446 350 441 550 486 366 ​(a) Determine the standard deviation and interquartile range of the data.
A real estate agent is considering changing her cell phone plan. There are three plans to...
A real estate agent is considering changing her cell phone plan. There are three plans to choose from, all of which involve a monthly service charge of $20. Plan A has a cost of $.38 a minute for daytime calls and $.17 a minute for evening calls. Plan B has a charge of $.47 a minute for daytime calls and $.14 a minute for evening calls. Plan C has a flat rate of $75 with 275 minutes of calls allowed...
1. A sales manager collected the following data on annual sales for new customer accounts and...
1. A sales manager collected the following data on annual sales for new customer accounts and the number of years of experience for a sample of 10 salespersons. Salesperson Years of Experience Annual Sales ($1000) 1 1 84 2 1 81 3 2 87 4 4 101 5 5 104 6 7 118 7 8 119 8 9 120 9 10 127 10 11 134 a. Compute the residuals and choose a residual plot for this problem. 2. The following...
At the Spring Valley​ Company, the cost of the personnel department has always been charged to...
At the Spring Valley​ Company, the cost of the personnel department has always been charged to production departments based upon number of employees.​ Recently, opinions gathered from the department managers indicate that the number of new hires might be a better predictor of personnel costs. Total personnel department costs are $290,000. Department A B C Number of employees 65 260 250 Number of new hires 20 18 14 If the number of employees is considered the cost​ driver, what amount...
1 Bellingham Company produces a product that requires 16 standard pounds per unit. The standard price...
1 Bellingham Company produces a product that requires 16 standard pounds per unit. The standard price is $9.5 per pound. If 3,300 units used 51,200 pounds, which were purchased at $9.69 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number. a. Direct materials price variance $ Unfavorable b. Direct materials quantity variance...
ABC Company is preparing its 2018 financial statements. Income from Continuing Operations (ICO) for 2018 was...
ABC Company is preparing its 2018 financial statements. Income from Continuing Operations (ICO) for 2018 was determined to be $1,800,000, but upon further review, ABC's accountant is not certain this number is accurate. ABC has a corporate tax rate of 30%. Additionally, the company reports one year of financial data on the face of the financial statements. Use the following information to determine the adjustments, if any, to correctly report Income From Continuing Operations. 1. During 2018, ABC experienced a...
1) X Company incurred the following costs in 2017: Factory insurance $5,629 Customer service 4,766 Advertising...
1) X Company incurred the following costs in 2017: Factory insurance $5,629 Customer service 4,766 Advertising costs 4,594 Factory maintenance 5,023 Direct labor 5,972 Direct materials 4,514 Sales salaries 5,023 Factory utilities 5,153 Research & Development 5,599 Material handling 4,174 What was total overhead in 2017? 2) X Company had the following inventory account balances in 2017: Account January 1 December 31 Materials $14,524    $16,900      Work in Process 14,622    21,768      Finished Goods 14,594    14,594      The following additional information for the...