Construct a linear model

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Reference no: EM131301851

Actual price of postage today is 46 cents for the first ounce and 20 cents for each additional ounce.

1: Construct a linear model which can be used to estimate cost of postage.

2: Use your model to estimate the postage of a package which weighs 250 grams.

3: If you are willing to spend no more than $3.00 on postage for a package, what is the most a package can weigh that you could send on budget? Please show steps.

Reference no: EM131301851

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