The Monthly Cost of Driving a Car Depends on the Number

question 3

Multiple Choice

The monthly cost of driving a car depends on the number of miles driven.Julia found that in October it cost her to drive mi and in July it cost her to drive mi.Express the monthly cost C as a function of the distance driven d assuming that a linear relationship gives a suitable model.

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Definitions:

Standard Distribution

Often refers to a probability distribution that is used to represent the dispersion of a set of data around its mean, typically assumed to be a normal distribution.

Monte Carlo Simulation

A computational algorithm that uses repeated random sampling to obtain numerical results, often used to model the probability of different outcomes in a process that cannot easily be predicted due to the intervention of random variables.

Demand During Lead Time

The total customer demand for a product during the period it takes to reorder and receive a new supply.

Random Number Intervals

A sequence or range of numbers generated in such a way that each possible number is equally likely to occur, often used in simulations and statistical sampling.