2) According to the U.S. Department of Education, the average financial aid award (in dollars) for a full-time student is given in the following table for various years: Year 2000 2005 2009 2011 Amount 2925 3407 4056 4341 Let x = 0 correspond to the year 2000. Find the linear equation that gives the amount of financial aid award in any given year using а. the data from year 2005 and 2011. b. If this linear relationship is expected to continue into the future, predict the average amount of financial aid awarded in year 2030.
2) According to the U.S. Department of Education, the average financial aid award (in dollars) for a full-time student is given in the following table for various years: Year 2000 2005 2009 2011 Amount 2925 3407 4056 4341 Let x = 0 correspond to the year 2000. Find the linear equation that gives the amount of financial aid award in any given year using а. the data from year 2005 and 2011. b. If this linear relationship is expected to continue into the future, predict the average amount of financial aid awarded in year 2030.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:2) According to the U.S. Department of Education, the average financial aid award (in dollars) for a
full-time student is given in the following table for various years:
Year
2000
2005
2009
2011
Amount
2925
3407
4056
4341
Let x = 0 correspond to the year 2000.
Find the linear equation that gives the amount of financial aid award in any given year using
a.
the data from year 2005 and 2011.
b. If this linear relationship is expected to continue into the future, predict the average amount
of financial aid awarded in year 2030.
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