Costs for a specific luxury car model follow this yearly pattern {(1994, $154,50

Question

Costs for a specific luxury car model follow this yearly pattern {(1994, $154,500), (1995,158,700), (1996, 166,400), (1997,176,200), (1998,181,900), (1999,195,600), (2000, 207,000), (2001, 213,200)}. Create an accurate scatter plot. What is the linear equation that bests fits the relationship between time and sales price? Interpret the slope in the context of the problem. Predict how much the car model will be selling for in 2015. In what year is the car selling for an estimated price of $243,200?

Explanation / Answer

hey buddy..just use excel.. put this data into two columns and then select that columns and go to insert menu; then select scattered graph..; the remaining questions can be answered by the graph..

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.