The following table shows retail sales in drug stores in billions of dollars in the U.S. for years since 1995. Year Retail Sales 0 85.851 3 108.426 6 141.781 9 169.256 12 202.297 15 222.266 Let S(t)S(t) be the retails sales in billions of dollars in t years since 1995. A linear model for the data is F(t)=9.44t+84.182F(t)=9.44t+84.182. Estimate the retails sales in the U. S. in 2012.  Use the model to predict the year that corresponds to retails sales of $250 billion.

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The following table shows retail sales in drug stores in billions of dollars in the U.S. for years since 1995.

Year Retail Sales
0 85.851
3 108.426
6 141.781
9 169.256
12 202.297
15 222.266

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

Estimate the retails sales in the U. S. in 2012. 

Use the model to predict the year that corresponds to retails sales of $250 billion.

=NORMSINV(1-0.005/2)
Transcribed Image Text:=NORMSINV(1-0.005/2)
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