Price of Silver The figure below shows the average price of silver for recent years. Let S(t) represent the average price (in dollars per ounce) of silver for year t. Source: kitco.com. Price of Silver S(t) 40 35 30 20 15+ 10+ 5+ ++++++ 2000 2002 2004 2006 2008 2010 2012 Year (a) Is S(t) a linear function? (b) What is the independent variable? (c) What is the dependent variable? (d) What is the domain of the function? (e) Estimate the range of the function. (f) What was the average price per ounce in 2008? (g) In what year was the average price $35 per ounce? Dollars per ounce

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