Use the above scatter plot to decide whether the linear model fits the data well. 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 2013. billions of dollars. Use the model to predict the year that corresponds to retails sales of $242 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
Chapter3: Straight Lines And Linear Functions
Section3.3: Modeling Data With Linear Functions
Problem 23E: When Date Are Unevenly speed. If data are evenly spaced, we need only calculate differences to see...
icon
Related questions
Question

question 16

The following table shows retail sales in drug stores in billions of dollars in the U.S. for years since 1995.

Year Retail Sales
0 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
150
140
130
120
110-
100-
90-
3
6
9
12
807
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
The function is a good model for the data.
Estimate the retails sales in the U. S. in 2013.
billions of dollars.
Use the model to predict the year that corresponds to retails sales of $242 billion.
Transcribed Image Text: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 12 807 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 The function is a good model for the data. Estimate the retails sales in the U. S. in 2013. billions of dollars. Use the model to predict the year that corresponds to retails sales of $242 billion.
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Similar questions
Recommended textbooks for you
Functions and Change: A Modeling Approach to Coll…
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
College Algebra
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill