ou see the rate you choose from part B, estimate the value of the car to be at 150,000 miles. explain how you got your answer
Rate of Change
The relation between two quantities which displays how much greater one quantity is than another is called ratio.
Slope
The change in the vertical distances is known as the rise and the change in the horizontal distances is known as the run. So, the rise divided by run is nothing but a slope value. It is calculated with simple algebraic equations as:
The average rate of change of this graph from 0 to 120,000 is:
Therefore, the average rate of change of this graph from 0 to 120,000 miles is -0.0916 dollars per mileage.
Consider the secant line passing through the points and .
Note that the slope of the secant line is equal to the average rate of change of the graph.
Therefore, the slope of the secant line is -0.0916.
Hence, the equation of the secant line is:
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