The market share of American automakers has decreased to 47% in approximately linearly from 66% in 2000 2011 (Source: Ward's AutoInfoBank). Let p be American automakers' market share at t years since 2000. a. Find an equation of a linear model to describe the data. b. What is the slope? What does it mean in this situation? c. What is the p-intercept? What does it mean in this situation?

The market share of American automakers has decreased to 47% in approximately linearly from 66% in 2000 2011 (Source: Ward's AutoInfoBank). Let p be American automakers' market share at t years since 2000. a. Find an equation of a linear model to describe the data. b. What is the slope? What does it mean in this situation? c. What is the p-intercept? What does it mean in this situation?

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

See similar textbooks

Similar questions

Alex wants to know if his students prefer a chocolate flavor to a chocolate mint flavor. He counts the number of preferred flavors from his class. Test/analysis: _________________________________________________________________________ Give H0, H1: _________________________________________
Please do not give solution in image format thanku You want to host a giveaway on Facebook to promote your new side hustle. You are giving away a $50 gift card for your business. Anyone who likes/follows your Facebook page is entered into the drawing. According to a recent study, you predict your side hustle will earn, on average, $.50 per like/follow. Your giveaway deadline passes, and you have 189 new followers on your Facebook page since the giveaway was first promoted. Using expected value, answer the following: Was this a successful giveaway (in terms of expected value)? How many followers would have made this giveaway a “fair game”? What would the expected value have been if you only gained 94 new followers?
Pls help me
Math Logic What does it mean to say a first order theory has a model?
need solution
Prices and carats of 78 Prinicess cut loose diamonds from Brilliance.com. Prices ranged from $1,000 to $2,000. Carats ranged from 0.50 to 0.75. While I did not share, the diamonds are Color grades D, E, or F, and Clarity grades VVS1 and VVS2. Please show all work. Can carats explain prices? Provide evidence to support your answer. If the carats are 0.64, what is the expected price for the diamond? Price Carats 1005 0.53 1021 0.52 1044 0.50 1077 0.51 1086 0.50 1107 0.50 1115 0.51 1115 0.50 1274 0.50 1307 0.50 1508 0.52 1683 0.70 1757 0.60 1924 0.70 1987 0.72 1971 0.70 1955 0.75 1924 0.70 1854 0.66 1823 0.70 1823 0.54 1724 0.60 1724 0.60 1713 0.61 1669 0.71 1656 0.70 1656 0.70 1656 0.70 1648 0.60 1626 0.60 1589 0.50 1575 0.60 1568 0.64 1552 0.61 1533 0.53 1529 0.61 1522 0.61 1508 0.52 1463 0.56 1443 0.63 1088 0.75 1840 0.71 1934 0.70 1957 0.62 1570 0.74 1076 0.64 1983 0.66 1051…
help
Can you please help me with these questions !
somebody please solve this
Instruction: Write True in the blank if the statement is correct but if False, underline what makes the statement wrong and put the appropriate correction in the blank. __________________________6. The conclusion is a generalization of the results of the research. ___________________________7. A table should be used if one would like to emphasize the trends or patterns shown by the findings. ___________________________8. When the mean. median and mode are the same, it is a strong indication of a non-normal distribution. ___________________________9. An example of multivariate analysis in research is Simple Linear Regression. ___________________________10. The independence of errors is an important assumption that should be met when doing correlation analysis.
Need help solving first three parts
2014 Tennis balls Golf balls Bottles of Gatorade Price $2 $4 $1 Quantity 100 100 200 2015 Price Quantity Tennis balls Golf balls Bottles of Gatorade $6 100 $2 $2 100 200