Sale of your product, depending on the local population x, for the next year can be given by the equation y = b0 + b1*x If b0 is estimated to be 3052 and b1 is estimated to be 3, then with the population of x=5,000 people, expected sales y is equal to

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section7.9: Geometric Sequences As Exponential Functions
Problem 49PFA
icon
Related questions
Question

Sale of your product, depending on the local population x, for the next year can be given by the equation

y = b0 + b1*x

If bis estimated to be 3052 and bis estimated to be 3, then with the population of x=5,000 people, expected sales y is equal to

Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
College Algebra
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
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
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning