The following table shows retail sales in drug stores in billions of dollars in the U.S. for years since 1995. Year 0 3 6 9 12 15 Retail Sales 85.851 108.426 141.781 169.256 202.297 222.266 Let S(t) be the retails sales in billions of dollars in t years since 1995. A linear model for the data is PLAY 180

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.CR: Chapter 1 Review
Problem 86CR
icon
Related questions
Question
The following table shows retail sales in drug stores in billions of dollars in the U.S. for years since 1995.
Retail Sales
85.851
108.426
141.781
169.256
202.297
222.266
Year
0
3
6
9
12
15
Let S(t) be the retails sales in billions of dollars in t years since 1995. A linear model for the data is
F(t) 9.44t+84.182.
220-
210-
200
190-
180-
170-
160
150-
140
130
120-
110
100-
90+
804
3
6
9
12
Use the above scatter plot to decide whether the linear model fits the data well.
The function is not a good model for the data
The function is a good model for the data.
Estimate the retails sales in the U. 5. in 2014.
billions of dollars.
Use the model to predict the year that corresponds to retails sales of $233 billion.
Transcribed Image Text:The following table shows retail sales in drug stores in billions of dollars in the U.S. for years since 1995. Retail Sales 85.851 108.426 141.781 169.256 202.297 222.266 Year 0 3 6 9 12 15 Let S(t) be the retails sales in billions of dollars in t years since 1995. A linear model for the data is F(t) 9.44t+84.182. 220- 210- 200 190- 180- 170- 160 150- 140 130 120- 110 100- 90+ 804 3 6 9 12 Use the above scatter plot to decide whether the linear model fits the data well. The function is not a good model for the data The function is a good model for the data. Estimate the retails sales in the U. 5. in 2014. billions of dollars. Use the model to predict the year that corresponds to retails sales of $233 billion.
Expert Solution
steps

Step by step

Solved in 3 steps with 3 images

Blurred answer
Recommended textbooks for you
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
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning