Let S (t) be the retails sales in billions of dollars in “t” years since 1995. A linear model of the data is: F(t) = 9.44t + 84.182 Estimate the retails sales in the US in 2013 in billions of dollars. Use the model to predict the year in which the retail sales will be $ 233 billion

Let S (t) be the retails sales in billions of dollars in “t” years since 1995. A linear model of the data is: F(t) = 9.44t + 84.182 Estimate the retails sales in the US in 2013 in billions of dollars. Use the model to predict the year in which the retail sales will be $ 233 billion

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Differential Equations

Have you ever observed the movement of the satellites and rockets or how the planets go around the sun in their orbits? How will you determine their motion? Definitely they follow some scientific laws and these kinds of problems are framed as differential equations.

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Let S (t) be the retails sales in billions of dollars in “t” years since 1995. A linear model of the data is: F(t) = 9.44t + 84.182

Estimate the retails sales in the US in 2013 in billions of dollars.
Use the model to predict the year in which the retail sales will be $ 233 billion

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