1995 55
2000 58
2005 60
a. Makea scatterplot of the data.
b. Basedon your sketch,shouldyou use a linearor quadraticmodelfor the data?
c. Find a modelfor the data.
d. Can you explainwhy the data seemsto dip at first and then grow?
- Basedon the modelfor the previousproblem,whenwill womenmakeas muchas men?Is your answer
a realisticprediction? - The averagepriceof a gallonof gas for selectedyearsfrom 1975–2008is givenin the followingtable:
Year Cost
1975 1
1976 1.75
1981 2
1985 2.57
1995 2.45
2005 2.75
2008 3.45
a. Makea scatterplot of the data.
b. Basedon your sketch,shouldyou use a linear, quadratic,or cubicmodelfor the data?
c. Find a modelfor the data.
d. If gas continuesto rise at this rate, predictthe priceof gas in the year 2012.
- For the previousproblem,use a linearmodelto analyzethe situation.Doesthe linearmethodprovidea
betterestimatefor the predictedcost for the year 2011? Why or why not? - Supposethat you place in a bankaccountwhereit growsexponentiallyat a rate of contin-
uouslyover the courseof five years.The tablebelowshowsthe amountof moneyyou haveat the end of
eachyear.
Year Amount
0 1000
1 1127.50
2 1271.24
3 1433.33
4 1616.07
5 1822.1 1
6 2054.43
a. Find the exponentialmodel.