SOLUTION: The table lists the average annual cost of tuition and fees at private 4-year colleges for selected years.
Year Tuition and Fees (in dollars)
1994 11,719
1996 13,994
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Question 1120753: The table lists the average annual cost of tuition and fees at private 4-year colleges for selected years.
Year Tuition and Fees (in dollars)
1994 11,719
1996 13,994
1998 17,709
2000 16,233
2002 21,116
2004 24,101
2006 32,218
1. Given any two data points with each consisting of the year and its corresponding tuition and fees, describe in detail how you would find a linear function that models the data shown in the table. Be sure to clearly define and interpret all components involved in your model.
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
Each data point creates an ordered pair, (x,y) where the x-value represents the year and the y-value represents the corresponding tuition and fees value. Use the two-point form of an equation of a line to create the linear relationship:
)
Where )
and )
are the coordinates of the two data points used
John
My calculator said it, I believe it, that settles it
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