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(3,600, 2000); (4,000, 2001); (4,700, 2003); (6,000, 2006)

Use linear regression to determine a function y , where the year depends on the population, to three decimal places of accuracy.

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Predict when the population will hit 12,000.

Early in 2022

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What is the correlation coefficient for this model to three decimal places of accuracy?

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According to the model, what is the population in 2014?

7,660

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Practice test

Determine whether the following algebraic equation can be written as a linear function. 2 x + 3 y = 7

Yes.

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Determine whether the following function is increasing or decreasing. f ( x ) = 2 x + 5

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Determine whether the following function is increasing or decreasing. f ( x ) = 7 x + 9

Increasing

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Given the following set of information, find a linear equation satisfying the conditions, if possible.

Passes through (5, 1) and (3, –9)

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Given the following set of information, find a linear equation satisfying the conditions, if possible.

x intercept at (–4, 0) and y -intercept at (0, –6)

y = −1.5 x 6

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Find the slope of the line in [link] .

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Write an equation for line in [link] .

y = 2 x 1

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Does [link] represent a linear function? If so, find a linear equation that models the data.

x –6 0 2 4
g ( x ) 14 32 38 44
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Does [link] represent a linear function? If so, find a linear equation that models the data.

x 1 3 7 11
g ( x ) 4 9 19 12

No.

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At 6 am, an online company has sold 120 items that day. If the company sells an average of 30 items per hour for the remainder of the day, write an expression to represent the number of items that were sold n after 6 am.

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For the following exercises, determine whether the lines given by the equations below are parallel, perpendicular, or neither parallel nor perpendicular:

y = 3 4 x 9 4 x 3 y = 8

Perpendicular

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2 x + y = 3 3 x + 3 2 y = 5

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Find the x - and y -intercepts of the equation 2 x + 7 y = 14.

( 7 , 0 ) ; ( 0 , 2 )

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Given below are descriptions of two lines. Find the slopes of Line 1 and Line 2. Is the pair of lines parallel, perpendicular, or neither?

Line 1: Passes through ( −2 , −6 ) and ( 3 , 14 )

Line 2: Passes through ( 2 , 6 ) and ( 4 , 14 )

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Write an equation for a line perpendicular to f ( x ) = 4 x + 3 and passing through the point ( 8 , 10 ) .

y = 0.25 x + 12

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Sketch a line with a y -intercept of ( 0 , 5 ) and slope 5 2 .

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Graph of the linear function f ( x ) = −x + 6 .

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For the two linear functions, find the point of intersection: x = y + 2 2 x 3 y = −1

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A car rental company offers two plans for renting a car.

  • Plan A: $25 per day and $0.10 per mile
  • Plan B: $40 per day with free unlimited mileage

How many miles would you need to drive for plan B to save you money?

150

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Find the area of a triangle bounded by the y axis, the line f ( x ) = 12 4 x , and the line perpendicular to f that passes through the origin.

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A town’s population increases at a constant rate. In 2010 the population was 65,000. By 2012 the population had increased to 90,000. Assuming this trend continues, predict the population in 2018.

165,000

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The number of people afflicted with the common cold in the winter months dropped steadily by 25 each year since 2002 until 2012. In 2002, 8,040 people were inflicted. Find the linear function that models the number of people afflicted with the common cold C as a function of the year, t . When will less than 6,000 people be afflicted?

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For the following exercises, use the graph in [link] , showing the profit, y , in thousands of dollars, of a company in a given year, x , where x represents years since 1980.

Find the linear function y , where y depends on x , the number of years since 1980.

y = 875 x + 10 , 675

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Find and interpret the y -intercept.

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In 2004, a school population was 1250. By 2012 the population had dropped to 875. Assume the population is changing linearly.

  1. How much did the population drop between the year 2004 and 2012?
  2. What is the average population decline per year?
  3. Find an equation for the population, P , of the school t years after 2004.

  • a) 375
  • b) dropped an average of 46.875, or about 47 people per year
  • c) y = 46.875 t + 1250

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Draw a scatter plot for the data provided in [link] . Then determine whether the data appears to be linearly related.

0 2 4 6 8 10
–450 –200 10 265 500 755
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Draw a best-fit line for the plotted data.

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For the following exercises, use [link] , which shows the percent of unemployed persons 25 years or older who are college graduates in a particular city, by year.

Year Percent Graduates
2000 8.5
2002 8.0
2005 7.2
2007 6.7
2010 6.4

Determine whether the trend appears linear. If so, and assuming the trend continues, find a linear regression model to predict the percent of unemployed in a given year to three decimal places.

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In what year will the percentage drop below 4%?

Early in 2018

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Based on the set of data given in [link] , calculate the regression line using a calculator or other technology tool, and determine the correlation coefficient. Round to three decimal places of accuracy.

x 16 18 20 24 26
y 106 110 115 120 125
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For the following exercises, consider this scenario: The population of a city increased steadily over a ten-year span. The following ordered pairs shows the population (in hundreds) and the year over the ten-year span, (population, year) for specific recorded years:

(4,500, 2000); (4,700, 2001); (5,200, 2003); (5,800, 2006)

Use linear regression to determine a function y , where the year depends on the population. Round to three decimal places of accuracy.

y = 0.00455 x + 1979.5

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Predict when the population will hit 20,000.

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What is the correlation coefficient for this model?

r = 0.999

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Questions & Answers

differentiate between demand and supply giving examples
Lambiv Reply
differentiated between demand and supply using examples
Lambiv
what is labour ?
Lambiv
how will I do?
Venny Reply
how is the graph works?I don't fully understand
Rezat Reply
information
Eliyee
devaluation
Eliyee
t
WARKISA
hi guys good evening to all
Lambiv
multiple choice question
Aster Reply
appreciation
Eliyee
explain perfect market
Lindiwe Reply
In economics, a perfect market refers to a theoretical construct where all participants have perfect information, goods are homogenous, there are no barriers to entry or exit, and prices are determined solely by supply and demand. It's an idealized model used for analysis,
Ezea
What is ceteris paribus?
Shukri Reply
other things being equal
AI-Robot
When MP₁ becomes negative, TP start to decline. Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of lab
Kelo
Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of labour (APL) and marginal product of labour (MPL)
Kelo
yes,thank you
Shukri
Can I ask you other question?
Shukri
what is monopoly mean?
Habtamu Reply
What is different between quantity demand and demand?
Shukri Reply
Quantity demanded refers to the specific amount of a good or service that consumers are willing and able to purchase at a give price and within a specific time period. Demand, on the other hand, is a broader concept that encompasses the entire relationship between price and quantity demanded
Ezea
ok
Shukri
how do you save a country economic situation when it's falling apart
Lilia Reply
what is the difference between economic growth and development
Fiker Reply
Economic growth as an increase in the production and consumption of goods and services within an economy.but Economic development as a broader concept that encompasses not only economic growth but also social & human well being.
Shukri
production function means
Jabir
What do you think is more important to focus on when considering inequality ?
Abdisa Reply
any question about economics?
Awais Reply
sir...I just want to ask one question... Define the term contract curve? if you are free please help me to find this answer 🙏
Asui
it is a curve that we get after connecting the pareto optimal combinations of two consumers after their mutually beneficial trade offs
Awais
thank you so much 👍 sir
Asui
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities, where neither p
Cornelius
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities,
Cornelius
Suppose a consumer consuming two commodities X and Y has The following utility function u=X0.4 Y0.6. If the price of the X and Y are 2 and 3 respectively and income Constraint is birr 50. A,Calculate quantities of x and y which maximize utility. B,Calculate value of Lagrange multiplier. C,Calculate quantities of X and Y consumed with a given price. D,alculate optimum level of output .
Feyisa Reply
Answer
Feyisa
c
Jabir
the market for lemon has 10 potential consumers, each having an individual demand curve p=101-10Qi, where p is price in dollar's per cup and Qi is the number of cups demanded per week by the i th consumer.Find the market demand curve using algebra. Draw an individual demand curve and the market dema
Gsbwnw Reply
suppose the production function is given by ( L, K)=L¼K¾.assuming capital is fixed find APL and MPL. consider the following short run production function:Q=6L²-0.4L³ a) find the value of L that maximizes output b)find the value of L that maximizes marginal product
Abdureman
types of unemployment
Yomi Reply
What is the difference between perfect competition and monopolistic competition?
Mohammed
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Source:  OpenStax, Precalculus. OpenStax CNX. Jan 19, 2016 Download for free at https://legacy.cnx.org/content/col11667/1.6
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