Question 166603
A credit manager rates each applicant for a car loan on a scale of 1 through 5 and then determines the interest rate from the accompanying table FIND THE EQUATION of the linear in slope-intercept form that goes through these points: (1,24)(2,20)(3,16)(4,12)(5,8)
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slope = (20-24)/(2-1) = -4
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intercept: 24 = (-4)(1) = b
b = 28
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EQUATION:
y = -4x + 28
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Cheers,
Stan H.