The following table shows the average yearly tuition and required fees, in dollars, charged by four-year American private universities in the school year beginning in the given year. Average tuition $27,870 $29,004 $30,138 $31,272 $32,406 (a) Show that these data can be modeled by a linear function. Date 2012 2013 2014 2015 2016 For each change of 1 year in time there is an increase of $ X in tuition. Find its formula. (Let d be the date in terms of number of years since 2012 and 7 tuition in dollars.) T(d) = (b) Plot the data points and add the graph of the linear formula you found in part (a). T 34 000 32 000- 32 000 30 000 30 000 28 000 28 000 d 1 2 3 4 1 4 T T 34 000 34 000 32 000 32 000 30 000 30 000 28 000 d 1 4 1 2 4 (c) What prediction does this formula give for average tuition and fees at four-year American private universities for the academic year ending in 2024? Need Help? Read It Watch It

The following table shows the average yearly tuition and required fees, in dollars, charged by four-year American private universities in the school year beginning in the given year. Average tuition $27,870 $29,004 $30,138 $31,272 $32,406 (a) Show that these data can be modeled by a linear function. Date 2012 2013 2014 2015 2016 For each change of 1 year in time there is an increase of $ X in tuition. Find its formula. (Let d be the date in terms of number of years since 2012 and 7 tuition in dollars.) T(d) = (b) Plot the data points and add the graph of the linear formula you found in part (a). T 34 000 32 000- 32 000 30 000 30 000 28 000 28 000 d 1 2 3 4 1 4 T T 34 000 34 000 32 000 32 000 30 000 30 000 28 000 d 1 4 1 2 4 (c) What prediction does this formula give for average tuition and fees at four-year American private universities for the academic year ending in 2024? Need Help? Read It Watch It

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)

6th Edition

ISBN:9781337111348

Author:Bruce Crauder, Benny Evans, Alan Noell

Publisher:Bruce Crauder, Benny Evans, Alan Noell

Chapter3: Straight Lines And Linear Functions

Section3.3: Modeling Data With Linear Functions

Problem 6E: 6. Tuition at American Private Universities The following table shows the average yearly tuition and...

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