SOLUTION: For the following exercise, write a linear function to model the given data and make the indicated estimation. See Example 7. (Objective 6)
Suppose that the average tuition for a
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-> SOLUTION: For the following exercise, write a linear function to model the given data and make the indicated estimation. See Example 7. (Objective 6)
Suppose that the average tuition for a
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Question 1156108: For the following exercise, write a linear function to model the given data and make the indicated estimation. See Example 7. (Objective 6)
Suppose that the average tuition for a full-time undergraduate student in a public college in 2002 was $5,370. Suppose it was $8,720 in 2012. Using the linear function model, estimate the cost (in dollars) of tuition in 2018.
$
You can put this solution on YOUR website! 2012 is 10 yrs after 2002
You are given 2 points on a straight line
( 0, 5370 )
( 10, 8720 )
Let = year - 2002
Let = tuition in dollars
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Use the general point-slope formula
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In 2018:
2018 - 2002 = 16 yrs
( 16, y )
The tuition estimate for 2018 is $10,730
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check:
Here's the plot:
