Question 391777: Examine the rise in gasoline prices from 1997 to 2006. The price of regular unleaded gasoline in January 1997 was $1.26, and in January 2006, the price of regular unleaded gasoline was $2.31 (“Consumer price index,” 2006). Use the coordinates (1997, 1.26) and (2006, 2.31) to find the slope, or rate of change, between the two points.
y=0.15x+0.79
Answer by stanbon(75887)   (Show Source):
You can put this solution on YOUR website! Examine the rise in gasoline prices from 1997 to 2006. The price of regular unleaded gasoline in January 1997 was $1.26, and in January 2006, the price of regular unleaded gasoline was $2.31 (“Consumer price index,” 2006). Use the coordinates (1997, 1.26) and (2006, 2.31) to find the slope, or rate of change, between the two points.
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m = (2.31-1.26)/(9-0) = 0.1167
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Cheers,
Stan H.
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