Concept explainers
Linear equations are useful in predicting future events. Describe some factors in real-world situations that might affect the reliability of the graph in making any predictions.
Explanation of Solution
Linear equations can be used to predict something that has a constant of rate of change.
Since , the slope that we see in the slope-intercept form , is always constant .
And any linear equation can be converted easily into slope-intercept form .
Hence, if any event or situation does not have a constant rate of change like prices in stock market or sudden change in weather ,
The graph suddenly spikes up or down in such situations and if would be hard to predict anything prior to the real-event.
This also happens in gambling.
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