Concept explainers
Mixed Practice Online Advertising Revenue The data in the table below represents the U.S. online advertising revenues for the years
Source: marketingcharts.com
Using a graphing utility, draw a
Based on the scatter plot drawn in part (a), decide what model (linear, quadratic, cubic, exponential, logarithmic, or logistic) that you think best describes the relation between year and revenue.
Using a graphing utility, find the model of the best fit.
Using a graphing utility, graph the function found in part (c) on the scatter plot drawn in part (a).
Use your model to predict the online advertising revenue in
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Precalculus
- Mortgage Rates The following table is taken from the website of Freddie Mac. It shows rates for 30-year fixed-rate mortgages since 1970. y=Year r=Mortgagerate 1975 9.05 1980 13.74 1985 12.43 1990 10.13 1995 7.93 2000 8.05 2005 5.87 2010 4.69 2015 3.84 a. Explain in practical terms the meaning of r(2003). b. Use the table to estimate the value of r(2003).arrow_forwardThe Kelvin Temperature Scale Physicists and chemists often use the Kelvin temperature scale. In order to determine the relationship between the Fahrenheit and Kelvin temperature scales, a lab assistant put Fahrenheit and Kelvin thermometers side by side and took readings at various temperatures. The following data were recorded. K = kelvins F = degrees Fahrenheit 200 -99.67 220 -63.67 240 -27.67 260 8.33 280 44.33 300 80.33 a. Show that the temperature F in degrees Fahrenheit is a linear function of the temperature K in kelvins. b. What is the slope of this linear function? Note: Be sure to take into account that the table lists kelvins in jumps of 20 rather than in jumps of 1. c. Find a formula for the linear function. d. Normal body temperature is 98.6 degrees Fahrenheit. What is that temperature in kelvins? e. If temperature increases by 1 kelvin, by how many degrees Fahrenheit does it increase? If temperature increases by 1 degree Fahrenheit, by how many kelvins does it increase? f. The temperature of 0 kelvins is known as absolute zero. It is not quite accurate to say that all molecular motion ceases at absolute zero, but at that temperature the system has its minimum possible total energy. It is thought that absolute zero cannot be attained experimentally, although temperatures lower than 0.0000001 kelvin have been attained. Find the temperature of absolute zero in degrees Fahrenheit.arrow_forwardMarket supply The following table shows the quantity S of wheat, in billions of bushels, that wheat supplies are willing to produce in a year and offer for sale at a price P, in dollars per bushel. S = quantity of wheat P = price 1.0 1.35 1.5 2.40 2.0 3.45 2.5 4.50 In economics, it is customary to plot S on the horizontal axis and P on the vertical axis, so we will think of S as a variable and of P as a function of S. a. Show that these data can be modeled by a linear function, and find its formula. b. Make a graph of the linear formula you found in part a. This is called the market supply curve. c. Explain why the market supply curve should be increasing. Hint: Think about what should happen when the price increases. d. How much wheat would suppliers be willing to produce in a year and offer for sale at a price of 3.90 per bushel?arrow_forward
- Stopping Distance The table below shows the average stopping distance D, in feet, for a car on dry pavement versus the speed S of the car, in miles per hour. S= speed mph 15 25 35 40 60 75 D = stopping distance feet 44 85 136 164 304 433 a Find a model of stopping distance as power function of speed. b If speed is doubled, how is stopping distance affected? c Plot the data and the power model on the same screen.arrow_forwardDoes the following table represent a linear function ? If so, find the linear equation that models the data.arrow_forwardGrade Point Average In many universities students are given grade points for each credit unit according to the following scale: A 4 points B 3 points C 2 points D 1 point F 0 point For example, a grade of A in a 3-unit course earns 43=12 grade points and a grade of B in a 5-unit course earns 35=15 grade points. A students grade point average GPA for these two courses is the total number of grade points earned divided by the number of units; in this case the GPA is (12+15)8=3.375. a Find a formula for the GPA of a student who earns a grade of A in a units of course work, B in b units, C in c units, D in d units and F in f units. b Find the GPA of a student who has earned a grade of A in two 3-unit courses, B in one 4-unit courses and C in three 3-unit courses.arrow_forward
- Heart Disease In a certain country, the number of deaths due to heart disease decreased from 235 in one year to 221 in the next year. What percentage decrease in deaths due to heart disease does this represent?arrow_forwardWork The work W required to lift an object varies jointly with the object’s mass m and the height h that the object is lifted. The work required to lift a 120-kilogram object 1.8 meters is 2116.8 joules. Find the amount of work required to lift a 100-kilogram object 1.5 meters.arrow_forwardGrade Point Average In many universities students are given grade points for each credit unit according to the following scale: A4 points B3 points C2 points D1 points F0 points For example, a grade of A in a 3-unit earns 43=12 grade points and grade points and a grade of B in a 5-unit course earns 35=15 grade points. A student’s grade point average (GPA) for these two courses is the total number of grade points earned divided by the number of units; in this case the GPA is (12+15)/8=3.375 . (a) Find a formula for a GPA of a student who earns a grade A in a units of course work, B in b units; C in c units, D in d units, and F in f units. (b) Find a GPA of a student who has earned a grade of A in two-units courses. B in one 4-unit course, and C in three 3-unit courses.arrow_forward
- DVD Player Sales The table shows the number of DVD players sold in a small electronics store in the years 2003-2013. Year DVD players sold 2003 495 2004 513 2005 410 2006 402 2007 520 2008 580 2009 631 2010 719 2011 624 2012 582 2013 635 aWhat was the average rate of change of sales between 2003 and 2013? bWhat was the average rate of change of sales between 2003 and 2004? cWhat was the average rate of change of sales between 2004 and 2005? dBetween which two successive years did DVD player sales increase most quickly? Decrease most quickly?arrow_forwardWeight Versus Height The following data show the height h, in inches, and weight w, in pounds, of an average adult male. h 61 62 66 68 70 72 74 75 w 131 133 143 149 155 162 170 175 a Make a power model for weight versus height. b According to the model from part a, what percentage increase in weight can be expected if height is increased by 10?arrow_forwardDraw a scatter plot for the data in Table 2. Then determine whether the data appears to belinearly related.arrow_forward
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