The bar graph shows the average cost of tuition and fees at private four-year colleges in a particular country. Below are two mathematical models for the data shown in the graph. In each formula, T represents the average cost of tuition and fees at private colleges for the school year ending x years after 2000. Answer parts a and b. Average Cost of Tuition and Fees at Private Four Year Coleges 2000 2001 20022003 2004 2005 2006 2007 Model 1 T=974x + 15,223 Model 2 T= - 2.1x + 988x + 15,208 a. Use each model to find the average cost of tuition and fees at private colleges for the school year ending in 2003. By how much does each model underestimate or overestimate the actual cost shown for the school year ending in 2003? The average cost given by model 1 is $ (Round to the nearest dollar.)

Algebra and Trigonometry (6th Edition)
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The bar graph shows the average cost of tuition and fees at private four-year colleges in a particular country. Below are two mathematical models for the data shown in the graph. In
each formula, T represents the average cost of tuition and fees at private colleges for the school year ending x years after 2000. Answer parts a and b.
Average Cost of Tuition and Fees at Private Four-Year
Colleges
22
20-
22,051
21,057
20,095
19,128
18,135
18-
16.203
16 15 218
17,168
Model 1 T= 974x+ 15,223
Model 2
T= - 2.1x + 988x + 15,208
14
2000 2001 20022003 2004 2005 2006 2007
a. Use each model to find the average cost of tuition and fees at private colleges for the school vear ending in 2003. By how much does each model underestimate or overestimate the actual cost shown for the school year ending
in 2003?
HIHE
The average cost given by model 1 is $ Round to the nearest dollar.)
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Transcribed Image Text:The bar graph shows the average cost of tuition and fees at private four-year colleges in a particular country. Below are two mathematical models for the data shown in the graph. In each formula, T represents the average cost of tuition and fees at private colleges for the school year ending x years after 2000. Answer parts a and b. Average Cost of Tuition and Fees at Private Four-Year Colleges 22 20- 22,051 21,057 20,095 19,128 18,135 18- 16.203 16 15 218 17,168 Model 1 T= 974x+ 15,223 Model 2 T= - 2.1x + 988x + 15,208 14 2000 2001 20022003 2004 2005 2006 2007 a. Use each model to find the average cost of tuition and fees at private colleges for the school vear ending in 2003. By how much does each model underestimate or overestimate the actual cost shown for the school year ending in 2003? HIHE The average cost given by model 1 is $ Round to the nearest dollar.) Help Me Solve This Textbook Get More Help - Clear All Skill Builder Check Answer 10.19 PM 65°F 9/6/2021 Type here to search hp home end ins prt sc delete f12 fg f10 II f8 f6 f5 10 f4 num f3 + backspace lock ? esc & 6. 7 8. 4 1 home enter thousands ofdoll: Tuition and Fees %24 %23 2.
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