EXAMPLE 2 The value of a computer n years after it was purchased is given by the following table. Number of Years 1 Value ($) 2 3 4 5 6 1200 960 768 614 492 393 a) Enter the data into a table and make a scatter plot b) Construct the following models to represent the data by using a regression, and state the equa a. Linear b. Quadratic c. Exponential c) Determine the value of the computer after 10 years using each one of your models. Linear: 60 Quadratic: Exponential: d) Which of the models represents the data best? Explain e) Using the best fitting model, estimate the original price of the computer.
EXAMPLE 2 The value of a computer n years after it was purchased is given by the following table. Number of Years 1 Value ($) 2 3 4 5 6 1200 960 768 614 492 393 a) Enter the data into a table and make a scatter plot b) Construct the following models to represent the data by using a regression, and state the equa a. Linear b. Quadratic c. Exponential c) Determine the value of the computer after 10 years using each one of your models. Linear: 60 Quadratic: Exponential: d) Which of the models represents the data best? Explain e) Using the best fitting model, estimate the original price of the computer.
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter2: Equations And Inequalities
Section2.1: Equations
Problem 78E
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Transcribed Image Text:EXAMPLE 2
The value of a computer n years after it was purchased is given by the following table.
Number of Years 1
Value ($)
2
3
4
5
6
1200
960
768
614
492
393
a) Enter the data into a table and make a scatter plot
b) Construct the following models to represent the data by using a regression, and state the equa
a. Linear
b. Quadratic
c. Exponential
c) Determine the value of the computer after 10 years using each one of your models.
Linear:
60
Quadratic:
Exponential:
d) Which of the models represents the data best? Explain
e) Using the best fitting model, estimate the original price of the computer.

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