Goal To use equations of lines in a real-world application Role You work in the marketing department of a tele-communications company. Audience The director of marketing Situation You are trying to convince the director of marketing to get involved in the cell phone industry. Task Mobile phone usage has been steadily increasing. The data below shows the mobile phone usage (in millions) base on years 1994 37.5 million users • 1998 - 70 million users • 2002 102.5 million users Performance Task: You are to write a report to the director of marketing that discusses your predications for mobile phone usage and why you believe that it would be good for your company to get involved in the mobile phone industry. Include the following in your report: • The equation of the line of best fit based on the above data. • An interpretation of the value of the slope and the y-intercept. • The reliability of your model. ● A prediction for the amount of mobile phone usage two years from today.

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Question
Goal
To use equations of lines in a real-world application
Role
You work in the marketing department of a tele-communications company.
Audience
The director of marketing
Situation
You are trying to convince the director of marketing to get involved in the cell phone industry.
Task
Mobile phone usage has been steadily increasing. The data below shows the mobile phone usage (in millions) base on
years
• 1994 37.5 million users
• 1998 - 70 million users
• 2002 102.5 million users
Performance Task:
You are to write a report to the director of marketing that discusses your predications for mobile phone usage and why
you believe that it would be good for your company to get involved in the mobile phone industry. Include the following
in your report:
• The equation of the line of best fit based on the above data.
• An interpretation of the value of the slope and the y-intercept.
The reliability of your model.
●
A prediction for the amount of mobile phone usage two years from today.
●
Transcribed Image Text:Goal To use equations of lines in a real-world application Role You work in the marketing department of a tele-communications company. Audience The director of marketing Situation You are trying to convince the director of marketing to get involved in the cell phone industry. Task Mobile phone usage has been steadily increasing. The data below shows the mobile phone usage (in millions) base on years • 1994 37.5 million users • 1998 - 70 million users • 2002 102.5 million users Performance Task: You are to write a report to the director of marketing that discusses your predications for mobile phone usage and why you believe that it would be good for your company to get involved in the mobile phone industry. Include the following in your report: • The equation of the line of best fit based on the above data. • An interpretation of the value of the slope and the y-intercept. The reliability of your model. ● A prediction for the amount of mobile phone usage two years from today. ●
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