The following table shows retail sales in drug stores in billions of dollars in the U.S. for years since 1995. Year Retal Sales 85.851 3 108.426 141.781 169.256 12 202.297 15 222.266 Let S(t) be the retails sales in billions of dollars in t years since 1995. A linear model for the data is F(t) = 9.44t + 84.182. 220 210 200 190 180 170 160 15 140 130 120 100 90 12 15 80 Use the above scatter plot to decide whether the linear model fits the data well. O The function is not a good model for the data OThe function is a good model for the data. Estimate the retails sales in the U. S. in 2016. billions of dollars. Use the model to predict the year in which retails sates will be $237 billion. Question Helo: Message in

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
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Chapter7: Distance And Approximation
Section7.3: Least Squares Approximation
Problem 33EQ
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The following table shows retail sales in drug stores in billions of dollars in the U.S. for years since 1995.
Year
Retail Sales
85.851
3
108.426
6
141.781
9
169.256
12
202.297
15
222.266
Let S(t) be the retails sales in billions of dollars in t years since 1995. A linear model for the data is
F(t) = 9.44t + 84.182.
220
210-
200-
190-
180
170
160
15
140
130
120
10-
90
12
80
Use the above scatter plot to decide whether the linear model fits the data well.
O The function is not a good model for the data
O The function is a good model for the data.
Estimate the retails sales in the U. S. in 2016.
billions of dollars.
Use the model to predict the year in which retails sales will be $237 billion.
Question Help: Message instructor
Transcribed Image Text:The following table shows retail sales in drug stores in billions of dollars in the U.S. for years since 1995. Year Retail Sales 85.851 3 108.426 6 141.781 9 169.256 12 202.297 15 222.266 Let S(t) be the retails sales in billions of dollars in t years since 1995. A linear model for the data is F(t) = 9.44t + 84.182. 220 210- 200- 190- 180 170 160 15 140 130 120 10- 90 12 80 Use the above scatter plot to decide whether the linear model fits the data well. O The function is not a good model for the data O The function is a good model for the data. Estimate the retails sales in the U. S. in 2016. billions of dollars. Use the model to predict the year in which retails sales will be $237 billion. Question Help: Message instructor
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