12 15 Let S(t) be the retails sales in billions of dollars in t years since 1995. A linear model for the data is F(t) = 9.44t + 84.182. 220- 210- 200- 190- 180- 170- 160- 150- 140- 130- 120- 110- 100- 202.297 222.266 90+ 804 6 9 12 15 Use the above scatter plot to decide whether the linear model fits the data well. The function is a good model for the data. The function is not a good model for the data Estimate the retails sales in the U. S. in 2014. dollars. Use the model to predict the year in which retails sales will be $250 billion. billions of

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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Question
The following table shows retail sales in drug stores in billions of dollars
in the U.S. for years since 1995.
Year
0
3
6
9
12
15
Let S(t) be the retails sales in billions of dollars in t years since 1995. A
linear model for the data is F(t) = 9.44t + 84.182.
220-
210-
Retail Sales
85.851
108.426
141.781
169.256
202.297
222.266
200-
190-
180-
170-
160-
150-
140-
130-
120-
110-
100-
90-
804
3
9
12
Use the above scatter plot to decide whether the linear model fits the
data well.
The function is a good model for the data.
The function is not a good model for the data
Estimate the retails sales in the U. S. in 2014.
dollars.
Use the model to predict the year in which retails sales will be $250
billion.
billions of
Transcribed Image Text:The following table shows retail sales in drug stores in billions of dollars in the U.S. for years since 1995. Year 0 3 6 9 12 15 Let S(t) be the retails sales in billions of dollars in t years since 1995. A linear model for the data is F(t) = 9.44t + 84.182. 220- 210- Retail Sales 85.851 108.426 141.781 169.256 202.297 222.266 200- 190- 180- 170- 160- 150- 140- 130- 120- 110- 100- 90- 804 3 9 12 Use the above scatter plot to decide whether the linear model fits the data well. The function is a good model for the data. The function is not a good model for the data Estimate the retails sales in the U. S. in 2014. dollars. Use the model to predict the year in which retails sales will be $250 billion. billions of
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