©Zarestky Math 141 Quiz 2 Version B 9/10/2009 NAME:______KEY__________________________________ 1. (2 pts) What is the equation of the line that is perpendicular to the line 5x + 4 y = 3 through the point (0, 2)? Solve the linear equation for y to identify the slope: 5x + 4 y = 3 4 y = !5x + 3 5 3 y=! x+ 4 4 The slope m = ! 5 4 so the perpendicular slope m! = . 4 5 The point (0, 2) represents the y-intercept, i.e., b = 2. Use the slope-intercept form of a line. 4 y = x+2 5 2. (3 pts) A company selling water bottles has a profit function of P(x) = 5x – 800 where x is the number of water bottles made and sold and profit is given in dollars. If the company sells the water bottles for $6 each, find the break-even quantity and revenue. The break-even occurs when profit = 0. P ( x ) = 5x !800 = 0 5x = 800 x = 160 The break-even quantity is 160 water bottles. The break-even revenue occurs when the break-even quantity is substituted into the revenue function. The revenue function is R(x) = 6x. The break-even revenue is R(160) = 6*160 = $960. 3. (2 pts) Write an equation to represent the following statement: “There are four times as many ferrets as hedgehogs.” For full credit, define your variables. Let f represent the number of ferrets and let h represent the number of hedgehogs. f = 4h For 4-6, determine whether the statement is true or false. Circle your answer. (1 pt each) T F 4. If the value of the correlation coefficient r is close to −1 for a data set, the least-squares line is not a good model for the data. T F 5. Suppose that the value of a car is represented by V(t) = −3000t + 21000 where t is time in years and V is in dollars. Then if t increases by 2 years, V will decrease by $6000. T F 6. The lines y = 2 and x = 2 are parallel.