What is the value of t in year 2014 ? (Recall that t is the number of years after 1995) Estimate the retails sales in the U. S. in 2014. billions of dollars. (Use the equation F(t)above and estimate to the nearest whole number) Use the model to predict the year in which retails sales will be $233 billion.
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What is the value of t in year 2014 ?
(Recall that t is the number of years after 1995)
Estimate the retails sales in the U. S. in 2014. billions of dollars.
(Use the equation F(t)above and estimate to the nearest whole number)
Use the model to predict the year in which retails sales will be $233 billion.
![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 F(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
3.
12
15
80+
Use the above scatter plot to decide whether the linear model fits the data well.
O The function is a good model for the data.
O The function is not a good model for the data](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F730da8c5-1ef5-43d5-9f43-6355e878f261%2F1dd42939-4716-4249-baca-c068aa3e673b%2Fwazqmf_processed.jpeg&w=3840&q=75)
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