SOLUTION: In a certain country, total alcoholic beverage sales are reported throughout the year. Sales were reported as $110.9 billion at the beginning of 2005 and $131.7 billion at
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Question 1137804: In a certain country, total alcoholic beverage sales are reported throughout the year. Sales were reported as $110.9 billion at the beginning of 2005 and $131.7 billion at the beginning of 2008.
(a) Let the x-axis denote time and the y-axis denote the amount of alcohol sales (in billions). Let xequals0 correspond to 2005. Fill in the blanks: The given data is represented by the points (____,110.9) and (3,____).
(b) Find the linear equation determined by the two points in part (a).
(c) Use the equation in part (b) to estimate the alcohol sales produced in 2007.
(d) If the model remains accurate, in what year will reported alcohol sales reach $150 billion?
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