A study was done over a five-year period to determine if the average t number of ticket sales. The data is summarized below. Find the equati Average Ticket Number of Sales Price (in billions) (in dollars) $2.75 1.4 $3.25 1.2 $3.50 1.8 $4.75 1.7 $6.25 1.9 $6.75 2.0
A study was done over a five-year period to determine if the average t number of ticket sales. The data is summarized below. Find the equati Average Ticket Number of Sales Price (in billions) (in dollars) $2.75 1.4 $3.25 1.2 $3.50 1.8 $4.75 1.7 $6.25 1.9 $6.75 2.0
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
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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Question
Answer two questions in the picture from these four options.

Transcribed Image Text:A study was done over a five-year period to determine if the average ticket price of a movie had any effect on the
number of ticket sales. The data is summarized below. Find the equation for the line of best fit for the data.
Average Ticket
Number of Sales
Price
(in billions)
(in dollars)
$2.75
1.4
$3.25
1.2
$3.50
1.8
$4.75
1.7
$6.25
1.9
$6.75
2.0
y = 0.15x + 0.98
y= D.15X-0.98
O y = 0.2x + 0.83
O y = 0.2x – 0.83

Transcribed Image Text:Using the same data from the previous question, use the equation for the line of best fit to predict the
number of sales if the price is increased to $7.50.
Data from previous question: A study was done over a five-year period to determine if the average ticket price
of a movie had any effect on the number of ticket sales. The data is summarized below. Find the equation for the
line of best fit for the data.
Average Ticket
Number of Sales
Price
(in billions)
(in dollars)
$2.75
1.4
$3.25
1.2
$3.50
1.8
$4.75
1.7
$6.25
1.9
$6.75
2.0
O 1.9 billion
02.3 billion
o 2.08 billion
o 2.1 billion
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