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 2015. billions of dollars. Use the model to predict the year that corresponds to retails sales of $243 billion.

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
Chapter5: A Survey Of Other Common Functions
Section5.6: Higher-degree Polynomials And Rational Functions
Problem 1TU: The following fictitious table shows kryptonite price, in dollar per gram, t years after 2006. t=...
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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
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
150
140
130
120
110
100
90+
3
6
9
12
15
804
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 2015.
billions of dollars.
Use the model to predict the year that corresponds to retails sales of $243 billion.
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 3 108.426 141.781 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- 210 200 190 180 170 160 150 140 130 120 110 100 90+ 3 6 9 12 15 804 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 2015. billions of dollars. Use the model to predict the year that corresponds to retails sales of $243 billion.
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