Use the trend line equation to estimate the CPI for 1980. (round to the hundredths place)

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,...
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Questions 7-10. A scatterplot below was
made using the annual CPI rate from
1960 to 2014. A trend line was added.
Annual CPI
250.0
200.0
y = 4.244x - 8315.2
R2 = 0.9847
150.0
100.0
50.0
1980, 82.4
0.0
1960
1970
1980
1990
2000
2010
Year
Use the trend line equation to estimate
the CPI for 1980.
(round to the hundredths place)
Consumer Price Index
Transcribed Image Text:Questions 7-10. A scatterplot below was made using the annual CPI rate from 1960 to 2014. A trend line was added. Annual CPI 250.0 200.0 y = 4.244x - 8315.2 R2 = 0.9847 150.0 100.0 50.0 1980, 82.4 0.0 1960 1970 1980 1990 2000 2010 Year Use the trend line equation to estimate the CPI for 1980. (round to the hundredths place) Consumer Price Index
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