Concept explainers
Rising Tuition The following data represent the average in-state tuition and fees (in 2013 dollars) at public four- year colleges and universities in the United States from the academic year 1983 84 to the academic year 2013 14.
(a) Using a graphing utility, draw a
(b) Using a graphing utility, build an exponential model from the data.
(c) Express the function found in part (b) in the form .
(d) Graph the exponential function found in part (b) or (c) on the scatter diagram.
(e) Predict the academic year when the average tuition will reach .
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