Use the trend line equation to estimate the CPI for 1980. (round to the hundredths place)

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section1.2: Graphs Of Equations In Two Variables; Circles
Problem 111E
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Questions 7-10. A scatterplot below was
made using the annual CPI rate from
1960 to 2014. A trend line was added.
Annual CPI
250.0
200.0
y = 4.244x - 8315.2
R2 = 0.9847
150.0
100.0
50.0
1980, 82.4
0.0
1960
1970
1980
1990
2000
2010
Year
Use the trend line equation to estimate
the CPI for 1980.
(round to the hundredths place)
Consumer Price Index
Transcribed Image Text:Questions 7-10. A scatterplot below was made using the annual CPI rate from 1960 to 2014. A trend line was added. Annual CPI 250.0 200.0 y = 4.244x - 8315.2 R2 = 0.9847 150.0 100.0 50.0 1980, 82.4 0.0 1960 1970 1980 1990 2000 2010 Year Use the trend line equation to estimate the CPI for 1980. (round to the hundredths place) Consumer Price Index
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