The table lists the cost in millions of dollars for a 30-second commercial for selected years. Year 1994 1998 2004 2008 2011 Cost 33.7 34.2 35.0 35.5 35.9 a. Find a linear function f that models the data. b. Estimate the cost in 2010 and compare the estimate to the actual value of $36.6 million. Did your estimate involve interpolation or extrapolation? a. Use linear regression to determine the equation of the line that best fits the data. The linear function is f(x) = (Type an expression using x as the variable. Use integers or decimals for any numbers in the expression. Round to three decimal places as needed.)
The table lists the cost in millions of dollars for a 30-second commercial for selected years. Year 1994 1998 2004 2008 2011 Cost 33.7 34.2 35.0 35.5 35.9 a. Find a linear function f that models the data. b. Estimate the cost in 2010 and compare the estimate to the actual value of $36.6 million. Did your estimate involve interpolation or extrapolation? a. Use linear regression to determine the equation of the line that best fits the data. The linear function is f(x) = (Type an expression using x as the variable. Use integers or decimals for any numbers in the expression. Round to three decimal places as needed.)
Chapter4: Linear Functions
Section: Chapter Questions
Problem 28PT: For the following exercises, use Table 4 which shows the percent of unemployed persons 25 years or...
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Transcribed Image Text:The table lists the cost in millions of dollars for a
30-second commercial for selected years.
Year 1994 1998 2004 2008 2011
Cost 33.7 34.2 35.0 35.5 35.9
a. Find a linear function f that models the data.
b. Estimate the cost in 2010 and compare the estimate to the actual value of $36.6 million. Did your estimate involve interpolation or extrapolation?
a. Use linear regression to determine the equation of the line that best fits the data.
The linear function is f(x) =
(Type an expression using x as the variable. Use integers or decimals for any numbers in the expression. Round to three decimal places as needed.)
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