) What will the price per month be in 2015 based on the company’s model? The consumer advocate’s model? Hint: Remember that t is the number of years since 2002. a) Company's projection: $ ? b) Consumer advocate’s projection: $ ?
) What will the price per month be in 2015 based on the company’s model? The consumer advocate’s model? Hint: Remember that t is the number of years since 2002. a) Company's projection: $ ? b) Consumer advocate’s projection: $ ?
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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3) What will the price per month be in 2015 based on the company’s model? The consumer advocate’s model? Hint: Remember that t is the number of years since 2002.
a) Company's projection: $ ?
b) Consumer advocate’s projection: $ ?

Transcribed Image Text:The graph below shows the cost of basic cable service from a cable provider from 2002 to 2010.³¹
Cost in dollars
$70.00
$60.00
$50.00
$40.00
$30.00
$20.00
$10.00
$0.00
Monthly Cost of Cable Services
2002
$43.35
$40.07
$37.03
$34.99
IIII
2003
2004 2005
$47.00
$49.95
$53.65
$57.95
$61.99
2006 2007 2008 2009 2010
Year
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