document.write( "Question 174695This question is from textbook Amsco's Preparing for the Regents Examination Mathematics B
\n" ); document.write( ": The following table provides the average cost per No-fault Clain in NYS.\r
\n" ); document.write( "\n" ); document.write( "Year Average Cost
\n" ); document.write( "1990 $3,360
\n" ); document.write( "1991 $3,788
\n" ); document.write( "1992 $4,197
\n" ); document.write( "1993 $4,396
\n" ); document.write( "1994 $4,623
\n" ); document.write( "1995 $4,862
\n" ); document.write( "1996 $4,969
\n" ); document.write( "1997 $5,675
\n" ); document.write( "1998 $6,064
\n" ); document.write( "1999 $6,700\r
\n" ); document.write( "\n" ); document.write( "Part...
\n" ); document.write( "(a) Determine the linear and exponential functions that best fit this data. (Remember to let t=0 represent 1990.)\r
\n" ); document.write( "\n" ); document.write( "(b)Which function do you think is most accurate? Which would you prefer to be most accurate? Explain your reasoning.\r
\n" ); document.write( "\n" ); document.write( "Can someone please help and show work =D thanks you so much!\r
\n" ); document.write( "\n" ); document.write( "Happy New Years !!!!!!!!!!!!
\n" ); document.write( "

Algebra.Com's Answer #129800 by stanbon(75887)\"\" \"About 
You can put this solution on YOUR website!
The following table provides the average cost per No-fault Clain in NYS.
\n" ); document.write( "Year Average Cost
\n" ); document.write( "1990 $3,360
\n" ); document.write( "1991 $3,788
\n" ); document.write( "1992 $4,197
\n" ); document.write( "1993 $4,396
\n" ); document.write( "1994 $4,623
\n" ); document.write( "1995 $4,862
\n" ); document.write( "1996 $4,969
\n" ); document.write( "1997 $5,675
\n" ); document.write( "1998 $6,064
\n" ); document.write( "1999 $6,700
\n" ); document.write( "Part...
\n" ); document.write( "(a) Determine the linear and exponential functions that best fit this data. (Remember to let t=0 represent 1990.)
\n" ); document.write( "Linear Regression Eq: y = 335.39x + 3354.13; R-value = 0.9821...
\n" ); document.write( "Exponential Regress Eq: y = 3489.42(1.0717..)^x ; R-value = 0.9886
\n" ); document.write( "-------------
\n" ); document.write( "Since the R-value with the Exponential is greater than the R-value with
\n" ); document.write( "the Linear, the Exponential is a better model.
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\n" ); document.write( "Note: I used a TI-83 graphing calculator to generate the reqression equations.
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.\r
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\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "(b)Which function do you think is most accurate? Which would you prefer to be most accurate? Explain your reasoning.
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