The follow table shows total dollar sales (in thousands) for a local retailer for various years. Year 2015 2016 2017 2018 2019 Sales ($) 39 66 93 120 147

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter4: Linear Functions
Section4.3: Fitting Linear Models To Data
Problem 24SE: Table 6 shows the year and the number ofpeople unemployed in a particular city for several years....
icon
Related questions
Topic Video
Question

need help in this?

The follow table shows total dollar sales (in thousands) for a local retailer for various years.
Year
2015 2016| 2017 2018 2019
Sales ($) 39
66
93
120
147
a) What was the the sales for 2019? $
b) By how much did sales increase by each year? $
c) Find a linear function that models the above data. Let x =1 correspond to 2015 and S(x) is in
thousands.
S(x)
X +
d) Use S(x) to predict sales in 2022. $
If needed, round answer to 5 decimal places.
Enter DNE for Does Not Exist, oo for Infinity
Transcribed Image Text:The follow table shows total dollar sales (in thousands) for a local retailer for various years. Year 2015 2016| 2017 2018 2019 Sales ($) 39 66 93 120 147 a) What was the the sales for 2019? $ b) By how much did sales increase by each year? $ c) Find a linear function that models the above data. Let x =1 correspond to 2015 and S(x) is in thousands. S(x) X + d) Use S(x) to predict sales in 2022. $ If needed, round answer to 5 decimal places. Enter DNE for Does Not Exist, oo for Infinity
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps

Blurred answer
Knowledge Booster
Research Design Formulation
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, algebra and related others by exploring similar questions and additional content below.
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Calculus For The Life Sciences
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning