In a certain country, total alcoholic beverage sales are reported throughout the year. Sales were reported as $118.5 billion at the beginning of 2004 and $136.2 billion at the beginning of 2006. (a) Let the x-axis denote time and the y-axis denote the amount of alcohol sales (in billions). Let x = 0 correspond to 2004. Fill in the blanks: The given data is represented by the points 118.5) and (2,). (b) Find the linear equation determined by the two points in part (a). (c) Use the equation in part (b) to estimate the alcohol sales produced in 2005. (d) If the model remains accurate, in what year will reported alcohol sales reach $150 billion? (a) The given data is represented by the points (,118.5) and (2,). (Type integers or decimals rounded to one decimal place.) (b) The linear equation determined by the two points in part (a) is y =x+. Type integers or decimals rounded to one decimal place.) c) The alcohol sales produced in 2005 are approximately S billion. Type an integer or decimal rounded to one decimal place.)
In a certain country, total alcoholic beverage sales are reported throughout the year. Sales were reported as $118.5 billion at the beginning of 2004 and $136.2 billion at the beginning of 2006. (a) Let the x-axis denote time and the y-axis denote the amount of alcohol sales (in billions). Let x = 0 correspond to 2004. Fill in the blanks: The given data is represented by the points 118.5) and (2,). (b) Find the linear equation determined by the two points in part (a). (c) Use the equation in part (b) to estimate the alcohol sales produced in 2005. (d) If the model remains accurate, in what year will reported alcohol sales reach $150 billion? (a) The given data is represented by the points (,118.5) and (2,). (Type integers or decimals rounded to one decimal place.) (b) The linear equation determined by the two points in part (a) is y =x+. Type integers or decimals rounded to one decimal place.) c) The alcohol sales produced in 2005 are approximately S billion. Type an integer or decimal rounded to one decimal place.)
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.2: Representing Data
Problem 10PPS
Related questions
Topic Video
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 1 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning