The table below shows the number of years since 2010 and the price of milk. Years since 2010 (t) Price of Milk P(t) 1. $3.27 3 $3.36 4. $3.40 6. $3.50 7. $3.44 9. $3.51 P(t) =.03t + 3. 26 represents the relationship between the years, t, since 2010 an milk, P(t). !!

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.7: Inverses Of Linear-functions
Problem 50PFA
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enshot 2022-01-13 6.01.46 PM.png
Q | 2 非 % |ちe
The table below shows the number of years since 2010 and the price of milk.
Part A
Identify the slope. Describe what the slope means in the context of the problem.
Years since 2010 (t)
Price of Milk P(t)
田=
B I
US x, x
$3.27
$3.36
Font
Size-
A
A
に:,,
4.
$3.40
6.
$3.50
7.
$3.44
9
$3.51
P(t) =.03t +3.26 represents the relationship between the years, t, since 2010 and the price of
milk, P(t).
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9O 6:03
Transcribed Image Text:enshot 2022-01-13 6.01.46 PM.png Q | 2 非 % |ちe The table below shows the number of years since 2010 and the price of milk. Part A Identify the slope. Describe what the slope means in the context of the problem. Years since 2010 (t) Price of Milk P(t) 田= B I US x, x $3.27 $3.36 Font Size- A A に:,, 4. $3.40 6. $3.50 7. $3.44 9 $3.51 P(t) =.03t +3.26 represents the relationship between the years, t, since 2010 and the price of milk, P(t). Sign out 9O 6:03
Part B
The correlation coefficient for the data in the table isr=0.9282. Interpret the correlation coefficient in terms of the model.
US X, x"
Fort
Size
Wond cou
Part C
Using the model, approximate the price of a gallon of milk in the year 2023.
US X
Fort
Size
Transcribed Image Text:Part B The correlation coefficient for the data in the table isr=0.9282. Interpret the correlation coefficient in terms of the model. US X, x" Fort Size Wond cou Part C Using the model, approximate the price of a gallon of milk in the year 2023. US X Fort Size
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