220- 210- 200- 190- 180- 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. 170- 160- Year Retail Sales 0 3 6 9 12 15 150- 140- 130- 120 110- 100- 90 80¹ 85.851 108.426 141.781 169.256 202.297 222.266 12 Use the above scatter plot to decide whether the linear model fits the data well. O 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 2012. billions of dollars. Use the model to predict the year that corresponds to retails sales of $250 billion.
220- 210- 200- 190- 180- 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. 170- 160- Year Retail Sales 0 3 6 9 12 15 150- 140- 130- 120 110- 100- 90 80¹ 85.851 108.426 141.781 169.256 202.297 222.266 12 Use the above scatter plot to decide whether the linear model fits the data well. O 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 2012. billions of dollars. Use the model to predict the year that corresponds to retails sales of $250 billion.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
Transcribed Image Text:220-
210-
200
190-
180-
170-
160-
150-
Year Retail Sales
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.
140
130-
120-
110-
100-
90-
807
85.851
108.426
141.781
169.256
202.297
222.266
12
Use the above scatter plot to decide whether the linear model fits the data well.
O The function is a good model for the data.
O The function is not a good model for the data
Estimate the retails sales in the U. S. in 2012.
billions of dollars.
Use the model to predict the year that corresponds to retails sales of $250 billion.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 5 steps
Recommended textbooks for you
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman