Julia, in the Budget Office of Artwork, Inc., knows the annual sales of the company for the last three years: $4.65 million, $4.42 million, and $4.17 million, respectively. She needs an estimate of fourth-year sales to develop a budget. Help Julia by finding a linear function to estimate fourth-year sales using the given data where x = 1, 2, 3 for first three years and y = annual sales. Use the following points. (a) (1, 4.65) and (2, 4.42) 3.96 (b) (1, 4.65) and (3, 4.17) 3.93 (c) (2, 4.42) and (3, 4.17) 3.92 Do the results in (a) through (c) suggest a linear trend? O The estimated sales are close and suggest a linear trend. The estimated sales are not close and do not suggest a linear trend.
Julia, in the Budget Office of Artwork, Inc., knows the annual sales of the company for the last three years: $4.65 million, $4.42 million, and $4.17 million, respectively. She needs an estimate of fourth-year sales to develop a budget. Help Julia by finding a linear function to estimate fourth-year sales using the given data where x = 1, 2, 3 for first three years and y = annual sales. Use the following points. (a) (1, 4.65) and (2, 4.42) 3.96 (b) (1, 4.65) and (3, 4.17) 3.93 (c) (2, 4.42) and (3, 4.17) 3.92 Do the results in (a) through (c) suggest a linear trend? O The estimated sales are close and suggest a linear trend. The estimated sales are not close and do not suggest a linear trend.
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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