A reporter collected data on y, the current market value, in dollars, of a certain car for various years, x, after it had been purchased new. The equation below was fit to the data. y 16,500 1,500x What does the slope of the graph of this equation represent? What does the y-intercept of the graph of this equation represent?
A reporter collected data on y, the current market value, in dollars, of a certain car for various years, x, after it had been purchased new. The equation below was fit to the data. y 16,500 1,500x What does the slope of the graph of this equation represent? What does the y-intercept of the graph of this equation represent?
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section: Chapter Questions
Problem 8T
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Question
![14,
A reporter collected data on y, the current market value, in dollars, of a certain car
for various years, x, after it had been purchased new. The equation below was fit to
the data.
y 16,500-1,500x
What does the slope of the graph of this equation represent?
What does the y-intercept of the graph of this equation represent?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5a98b7c0-cb41-4dde-8917-4ed41ae694cf%2Fd50faeab-02ad-4b2b-b419-b44005ba49a8%2Ftgg5p5m_processed.jpeg&w=3840&q=75)
Transcribed Image Text:14,
A reporter collected data on y, the current market value, in dollars, of a certain car
for various years, x, after it had been purchased new. The equation below was fit to
the data.
y 16,500-1,500x
What does the slope of the graph of this equation represent?
What does the y-intercept of the graph of this equation represent?
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