document.write( "Question 1173606: Economic Downturn:A general trend of economic decline within Newyork city is reflected by fig.5.11. This figure indicates the vacancy rate for offices in Manhattan during the period 1985-1990.the increase in the vacancy rate appears to be approximately linear .The vacancy rate in 1986 was 9.4percent;in 1989,the rate was 13.2 percent.Using these two data points:
\n" );
document.write( "(a)Determine the linear function V=f(t),where V equal the estimated vacancy rate in percent and t equal time measured in years since 1985.
\n" );
document.write( "(b)Intterpret the slope and V interpret
\n" );
document.write( "(c)Using the function,estimate the vacancy rate in 1995
\n" );
document.write( " \n" );
document.write( "
Algebra.Com's Answer #798865 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! 1986 will be (1, 9.4), having the x-value = the year-1985 \n" ); document.write( "1989 is (4, 13.2) \n" ); document.write( "point-slope formula y-y1=m(x-x1) m slope and (x1, y1) a point. \n" ); document.write( "Slope is 3.8/3 \n" ); document.write( "therefore, y-9.4=(38/30)(x-1) \n" ); document.write( "so y=(38/30)x+8.1333 \n" ); document.write( "or V=1.27x+8.13 rounded units % vacant \n" ); document.write( "The slope of 1.27% is the increase in the %vacancy per year. \n" ); document.write( "The 8.13% was the vacancy at year 0, or 1985. \n" ); document.write( "in 1995, x=10 and V=12.67+8.13=20.80% vacant.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " |