Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following table shows retail sales in drug stores in billions of dollars in the U.S. for years since 1995. Year Retail Sales 0 85.851

image text in transcribed
The following table shows retail sales in drug stores in billions of dollars in the U.S. for years since 1995. Year Retail Sales 0 85.851 3 108.426 6 141.781 9 169.256 12 202.297 15 222.266 Let y be the retails sales in billions of dollars in T years since 1995. A linear model for the data is y = 9.44x + 84.182. 220 210 200 190 180 170 160 150 140 130- 120 110 100 90 12 A) Use the above scatter plot to decide whether the line of best fit, fits the data well. . The function is a good model for the data. The function is not a good model for the data B) To the nearest billion, estimate the retails sales in the U. S. in 2015. billions of dollars. C) Use the equation to find the year in which retails sales will be $248 billion. Question Help: Message instructor

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Probability And Statistical Inference

Authors: Robert V. Hogg, Elliot Tanis, Dale Zimmerman

10th Edition

013518939X, 978-0135189399

More Books

Students also viewed these Mathematics questions