The following table shows retail sales in drug stores in billions of dollars in the U.S. for years since1995.YearRetail Sales85.851108.4269.141.7819.169.25612202.29715222.266Let S(t) be the retails sales in billions of dollars in t years since 1995. A linear model for the data isF(t) = 9.44t + 84.182.12010!009080706050403020LIO00908046.6.12JEUse the above scatter plot to decide whether the linear model fits the data well.O The function is not a good model for the dataO The function is a good model for the data.Estimate the retails sales in the U. S. in 2014.billions of dollars.Use the model to predict the year in which retails sales will be $237 billion.

Answered: The following table shows retail sales…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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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 85.851 3 108.426 6 141.781 9. 169.256 12 202.297 222.266 15 Let 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 + 84.182. 220- 210- 200 190- 180 170- 160- 150 140 130 120 110 100- 90- 804 3. 9 12 Use the above scatter plot to decide whether the linear model fits the data well. O The function is not a good model for the data O The function is a good model for the data. Estimate the retails sales in the U. S. in 2016. billions of dollars. hp
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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 85.851 3 108.426 6. 141.781 9. 169.256 12 202.297 15 222.266 Let 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 + 84.182. 220- 210 200 190 180 170- 160 150- 140 130- 120- 110- 100 90- 12 80+
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+84.182.36912158090100110120130140150160170180190200210220Use the above scatter plot to decide whether the linear model fits the data well. The function is a good model for the data. The function is not a good model for the data Estimate the retails sales in the U. S. in 2017. billions of dollars.Use the model to predict the year in which retails sales will be $250 billion.

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