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Objective [2.10] Situation: An online retail company tracked total number of purchases monthly. In June 2007 they were 4,900 purchases and in December 2008 there were 5,260. The purchases followed a linear model of the form p = S(t) = rt+i where p purchases is in 1000

Objective [2.10] Situation: An online retail company tracked total number of purchases monthly. In June 2007 they were 4,900 purchases and in December 2008 there were 5,260. The purchases followed a linear model of the form p = S(t) = rt+i where p purchases is in 1000

Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter3: Functions And Graphs
Section3.3: Lines
Problem 60E
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Objective [2.10] _item_id=11951436 A. Sales are Decreasing the correct units Situation: An online retail company tracked total number of purchases monthly. In June 2007 they were 4,900 purchases and in December 2008 there were 5,260. Submit Question The purchases followed a linear model of the form p = S(t) = rt+i where p purchases is in 1000's and t is months where January 2007-0 at a constant rate of B. Write out the linear model function with the parameter values `p=S(t)= Now answer the following questions using this model C. What does the model predict total purchases will be in November 2010? D. In what month and year does the model predict sales will be 5,940? Q Jump to Answer A LT Select an answer ✓ Select an answer - pick A ▶
Transcribed Image Text:Objective [2.10] _item_id=11951436 A. Sales are Decreasing the correct units Situation: An online retail company tracked total number of purchases monthly. In June 2007 they were 4,900 purchases and in December 2008 there were 5,260. Submit Question The purchases followed a linear model of the form p = S(t) = rt+i where p purchases is in 1000's and t is months where January 2007-0 at a constant rate of B. Write out the linear model function with the parameter values `p=S(t)= Now answer the following questions using this model C. What does the model predict total purchases will be in November 2010? D. In what month and year does the model predict sales will be 5,940? Q Jump to Answer A LT Select an answer ✓ Select an answer - pick A ▶
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