You research the average cost of a tank of gasoline for a certain type of car for several recent years to look for trends. The table shows your data. Year 1998 2000 2002 2004 2006 2008 Average cost for one gallon ($) $26.40 $28.50 $29.50 $30.40 $31.90 $37.30 I) What is the equation for a line of best fit? (Let 1997=year 0) II) How much would you expect to pay for a tank of gas in the year 2019? O a y= 0.86x+26.40; $45.34 O b y= 0.86x +26.40; $56.24 y= 26.40x +0.86; $56.24 O d y= 26.40x+0.86; $45.34

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
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Chapter1: Equations And Graphs
Section1.FOM: Focus On Modeling: Fitting Lines To Data
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You research the average cost of a tank of gasoline for a certain type of car for several recent years to look for trends. The table shows your
data.
Year
1998
2000
2002
2004
2006
2008
Average cost for one gallon ($)
$26.40
$28.50
$29.50
$30.40
$31.90
$37.30
I) What is the equation for a line of best fit? (Let 1997=year 0)
II) How much would you expect to pay for a tank of gas in the year 2019?
y= 0.86x+26.40; $45.34
a
O b
y= 0.86x+26.40; $56.24
O c
y= 26.40x+0.86; $56.24
y = 26.40x+0.86; $45.34
Transcribed Image Text:You research the average cost of a tank of gasoline for a certain type of car for several recent years to look for trends. The table shows your data. Year 1998 2000 2002 2004 2006 2008 Average cost for one gallon ($) $26.40 $28.50 $29.50 $30.40 $31.90 $37.30 I) What is the equation for a line of best fit? (Let 1997=year 0) II) How much would you expect to pay for a tank of gas in the year 2019? y= 0.86x+26.40; $45.34 a O b y= 0.86x+26.40; $56.24 O c y= 26.40x+0.86; $56.24 y = 26.40x+0.86; $45.34
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