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Suppose that the consumer price index(CPI), which measures the cost of a typical package of consumergoods, stood at 137.4 in 1990 and 177.4 in 2000.
Suppose that the consumer price index(CPI), which measures the cost of a typical package of consumergoods, stood at 137.4 in 1990 and 177.4 in 2000. Let x=0 correspond to1990, and estimate the CPI in 1998 and 2001. (Assume that the data can be modeled by a straightline.)
Which linear equation best models theCPI?
A. y=4x+137.4
B. y= 4x137.4
C. y= 4x+137.4
In 1998, the CPI would be approximately ____
(Type an integer or adecimal.)
In 2001, the CPI would be approximately ____
(Type an integer or adecimal.)
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