Year Retail Sales 0 3 6 9 12 15 Let S(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 85.851 108.426 141.781 169.256 202.297 222.266 90- 804 6 9 12 Use the above scatter plot to decide whether the linear model fits the data well. The function is a good model for the data. O The function is not a good model for the data Estimate the retails sales in the U. S. in 2016. billions of dollars. Use the model to predict the year in which retails sales will be $242 billion.
Year Retail Sales 0 3 6 9 12 15 Let S(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 85.851 108.426 141.781 169.256 202.297 222.266 90- 804 6 9 12 Use the above scatter plot to decide whether the linear model fits the data well. The function is a good model for the data. O The function is not a good model for the data Estimate the retails sales in the U. S. in 2016. billions of dollars. Use the model to predict the year in which retails sales will be $242 billion.
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Transcribed Image Text:Year Retail Sales
0
3
6
9
12
15
Let S(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
85.851
108.426
141.781
169.256
202.297
222.266
90-
804
6
9
12
Use the above scatter plot to decide whether the linear model fits the data well.
The function is a good model for the data.
O The function is not a good model for the data
Estimate the retails sales in the U. S. in 2016.
billions of dollars.
Use the model to predict the year in which retails sales will be $242 billion.
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