Use the trend line equation to estimate the CPI for 1980. (round to the hundredths place)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.2: Representing Data
Problem 24PFA
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Questions 7-10. A scatterplot below was
made using the annual CPI rate from
1960 to 2014. A trend line was added.
Annual CPI
250.0
200.0
y = 4.244x - 8315.2
R2 = 0.9847
150.0
100.0
50.0
1980, 82.4
0.0
1960
1970
1980
1990
2000
2010
Year
Use the trend line equation to estimate
the CPI for 1980.
(round to the hundredths place)
Consumer Price Index
Transcribed Image Text:Questions 7-10. A scatterplot below was made using the annual CPI rate from 1960 to 2014. A trend line was added. Annual CPI 250.0 200.0 y = 4.244x - 8315.2 R2 = 0.9847 150.0 100.0 50.0 1980, 82.4 0.0 1960 1970 1980 1990 2000 2010 Year Use the trend line equation to estimate the CPI for 1980. (round to the hundredths place) Consumer Price Index
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