1. A company's sales (in dollars) appear to be increasing linearly. In In 2015, the company's sales were $13,400,000 and in 2020 they were $25,900,000. Determine the linear trend equation that expresses the sales of the company (S) in terms of elapsed time in years (r). [Code the years elapsed so that = 0 represents the year 2015]. The equation that expresses the sales of the company (S) in terms of time elapsed in years (1) is b. What is the meaning of the slope of the equation? Find the sales (in dollars) for the year 2025. .. Sales (in dollars) for the year 2025 are d. In what year will the company's sales be $48,400,000? Company sales will be $48,400,000 for the year.

1. A company's sales (in dollars) appear to be increasing linearly. In In 2015, the company's sales were $13,400,000 and in 2020 they were $25,900,000. Determine the linear trend equation that expresses the sales of the company (S) in terms of elapsed time in years (r). [Code the years elapsed so that = 0 represents the year 2015]. The equation that expresses the sales of the company (S) in terms of time elapsed in years (1) is b. What is the meaning of the slope of the equation? Find the sales (in dollars) for the year 2025. .. Sales (in dollars) for the year 2025 are d. In what year will the company's sales be $48,400,000? Company sales will be $48,400,000 for the year.

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter4: Linear Functions

Section4.3: Fitting Linear Models To Data

Problem 22SE: The U.S. Census tracks the percentage of persons 25 years or older who are college graduates. That...

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