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As the United States continues to slowly recover from the Great Recession, spending on equipment and software is projected to rise. In the 1st quarter

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As the United States continues to slowly recover from the Great Recession, spending on equipment and software is projected to rise. In the 1st quarter of 2013 (x=1 corresponds to the first quarter of 2013 and x is measured in quarters), the percentage change in equipment and software spending was 4%. In the 3rd quarter of 2013, the percentage change in equipment and software spending, seasonally adjusted was 8.2%. a) Derive an equation by using the given data. Use this format to enter your answer (enter only the red parts) y = 10.45 x + 125.2 X + If the trend continues, estimate the percentage change in spending on equipment and software in the 1st quarter of 2014. %

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