The table lists the cost in millions of dollars for a 30-second commercial for selected years. Year 1994 1998 2004 2009 2011 Cost 14.3 14.8 15.6 16.2 16.5 a. Find a linear function f that models the data. b. Estimate the cost in 2010 and compare the estimate to the actual value of $16.9 million. Did your estimate involve interpolation or extrapolation?
The table lists the cost in millions of dollars for a 30-second commercial for selected years. Year 1994 1998 2004 2009 2011 Cost 14.3 14.8 15.6 16.2 16.5 a. Find a linear function f that models the data. b. Estimate the cost in 2010 and compare the estimate to the actual value of $16.9 million. Did your estimate involve interpolation or extrapolation?
Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter24: Percent Practical Applications
Section: Chapter Questions
Problem 41A
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![The table lists the cost in millions of dollars for a
30-second commercial for selected years.
Year 1994 1998 2004 2009 2011
Cost 14.3 14.8 15.6 16.2 16.5
a. Find a linear function f that models the data.
b. Estimate the cost in 2010 and compare the estimate to the actual value of $16.9 million. Did your estimate involve interpolation or extrapolation?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff5dab166-b99c-4122-a817-17b0f49ec1c0%2F6fadebf8-da42-4661-8f2a-4abc265f35f4%2Fjjke82.png&w=3840&q=75)
Transcribed Image Text:The table lists the cost in millions of dollars for a
30-second commercial for selected years.
Year 1994 1998 2004 2009 2011
Cost 14.3 14.8 15.6 16.2 16.5
a. Find a linear function f that models the data.
b. Estimate the cost in 2010 and compare the estimate to the actual value of $16.9 million. Did your estimate involve interpolation or extrapolation?
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