5. Jerald is Investigating the typlcal depreciation rate for the used automobile he Intends to purchase next month. He has collected the following data about an

Algebra and Trigonometry (6th Edition)
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ISBN:9780134463216
Author:Robert F. Blitzer
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ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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E 8.1 Activity docx-Google Doc x
VXOM6D2ARTBQUI7ZSFRUCODQBUS/edit
e Page
Schoology
Desmos Testing Bayside Home Page
IT's Elemental -Ble.
KT Play Kahool-Ente
1 1 2 3
B. Determining Exponential Equations.
Jerald is Investigating the typical depreclation rate for the used automoble he
Intends to purchase next month. He has collected the following data about an
automobile purchased In 1999 for $12,500.00:
5.
#Years After
0.
1
3\
5.
1999
Value ($)
12,5000.00
10,750.00
8,000.00
5,800.00
Using Jerald's data, find the best-fit exponential equation for this depreciation,
through both the substitution method and the calculator's regression tool
a.
Substitution Method:
Regression Method:
b.
Use the calculator's regression equation to estimate the depreciated value of
the automobile in 2010:
Transcribed Image Text:E 8.1 Activity docx-Google Doc x VXOM6D2ARTBQUI7ZSFRUCODQBUS/edit e Page Schoology Desmos Testing Bayside Home Page IT's Elemental -Ble. KT Play Kahool-Ente 1 1 2 3 B. Determining Exponential Equations. Jerald is Investigating the typical depreclation rate for the used automoble he Intends to purchase next month. He has collected the following data about an automobile purchased In 1999 for $12,500.00: 5. #Years After 0. 1 3\ 5. 1999 Value ($) 12,5000.00 10,750.00 8,000.00 5,800.00 Using Jerald's data, find the best-fit exponential equation for this depreciation, through both the substitution method and the calculator's regression tool a. Substitution Method: Regression Method: b. Use the calculator's regression equation to estimate the depreciated value of the automobile in 2010:
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