The price of a movie ticket in a given year can be modeled by the regression equation y = 6.94(1.02x), where y is the ticket pri
2 answers:
Answer:
11.38.
Step-by-step explanation:
Given :The price of a movie ticket in a given year can be modeled by the regression equation , where y is the ticket price and x is the year.
To Find: . To the nearest cent, which is the best prediction of the price of a ticket in year 25?
Solution:
Where y is the ticket price and x is the year.
Now we are supposed to find which is the best prediction of the price of a ticket in year 25
Substitute x = 25 in the given equation.
Thus the best prediction of the price of a ticket in year 25 is 11.38.
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Answer:
+$90;
$1,600
Step-by-step explanation:
The equation, , given to us tells us much about the situation described above.
y = total pay
x = number of copies of Math is fun
1600 = y-intercept, that is the starting value or the pay he gets only if Sam sold 0 copy of Math is fun. That is, when x = 0, y = 1,600.
90 = unit rate or the change in the total pay for each copy of Math is fun that Sam sells.
Therefore, our answers would be:
+$90, and $1,600