Year 2000 2004 2006 2010 2013 2016 2019 Cost (S) 3,510 4,650 5,800 7,070 8,650 9,430 10,230

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.CR: Chapter 1 Review
Problem 86CR
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#1-8: The average cost of four year public colleges is given below:
Year
2000
2004
2006
2010
2013
2016
2019
Cost (S)
3,510
4,650
5,800
7,070
8,650
9,430
10,230
1) Use the data from 2006 and 2016 to write a linear equation for P(x), the average cost of Public college x
years since 2000. Show your work and round values to the nearest dollar.
2) What is the slope of P(x) and explain its meaning.
3) Evaluate P(8) and explain its meaning.
4) Solve P(x) - 15,000 and explain the meaning of.your solution.
5) Usc Desmos to create a scatterplot for the cost of public four vear colleges. Include the lincar model for
Transcribed Image Text:E A Read aloud Draw Highlight #1-8: The average cost of four year public colleges is given below: Year 2000 2004 2006 2010 2013 2016 2019 Cost (S) 3,510 4,650 5,800 7,070 8,650 9,430 10,230 1) Use the data from 2006 and 2016 to write a linear equation for P(x), the average cost of Public college x years since 2000. Show your work and round values to the nearest dollar. 2) What is the slope of P(x) and explain its meaning. 3) Evaluate P(8) and explain its meaning. 4) Solve P(x) - 15,000 and explain the meaning of.your solution. 5) Usc Desmos to create a scatterplot for the cost of public four vear colleges. Include the lincar model for
Expert Solution
Step 1: Consider the provided data model,

Given the following table:

Year(t=0 for 2000) 6 10 13 16
Cost 5,800 7,070 8,650 9,430

To find:

  1. Use the data from 2006 to 2016 to write a linear equation for P(x)
  2. What is the slope of P(x) and explain its meaning
  3. Evaluate P(8) and explain its meaning
Part 1: The linear model P(x) is shown below,
Year(t=0 for 2000) 6 10 13 16
Cost 5,800 7,070 8,650 9,430

Linear Equation:y-y1y2-y1=x-x1x2-x1x1=6x2=16y1=5800y2=9430y-58009430-5800=x-616-6y-58003630=x-610y-5800363=x-6y-5800=363x-2178y=363x+5800-2178y=363x+3622

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