College Algebra in Context with Applications for the Managerial Life and Social Sciences (5th Edition)
5th Edition
ISBN: 9780134462295
Author: HARSHBARGER
Publisher: PEARSON
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Chapter 3.4, Problem 14E
(a)
To determine
To sketch: The
(b)
To determine
The better model that fits the given data.
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- Sales Barnes & Noble had annual sales of $6.8 billion in 2013 and $6.1 billion in 2015. Use the Midpoint Formula to estimate the sales in 2014. Assume that the annual sales followed a linear pattern.arrow_forwardThe ordered pairs below give the median sales prices y (in thousands of dollars) of new homes sold in a neighborhood from 2009 through 2016. (2009, 179.4) (2011, 191.0) (2013, 202.6) (2015, 214.9) (2010, 185.4) (2012, 196.7) (2014, 208.7) (2016, 221.4) A linear model that approximates the data is y=5.96t+125.5,9t16, where t represents the year, with t=9 corresponding to 2009. Plot the actual data and the model on the same graph. How closely does the model represent the data?arrow_forward
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