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( 3,6 00 , 2000 ) ; ( 4, 000 , 2001 ) ; ( 4,7 00 , 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.

2027

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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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Chapter practice test

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

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

Decreasing

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

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Find a linear equation that passes through (5, 1) and (3, –9), if possible.

y = 5 x 24

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Find a linear equation, that has an x intercept at (–4, 0) and a y -intercept at (0, –6), if possible.

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Find the slope of the line in [link] .

This image is a graph of a decreasing linear function on an x, y coordinate plane. The x and y-axis range from -6 to 6. The line passes through the points (0,2) and (1,0).

m = 2

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Write an equation for line in [link] .

This image is a graph showing a decreasing linear function on an x, y coordinate plane. The x and y axis range from -6 to 6. The line passes through the points (0,-1) and (-.5,0).
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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

Yes, y = 3 x + 32

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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
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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.

y = 30 x + 120

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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

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

Neither

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

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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 )

Line 1: m = 4 ; Line 2: m = 4 ; parallel

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

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


This image is a graph showing a decreasing linear function on an x, y coordinate plane. The x and y-axis range from -6 to 6. The line passes through the points (0,5) and (2,0) and a slope of: -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 .

( 7 , 5 )

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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?

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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.

16.94 square units

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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.

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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?

2083

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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.

This image is a graph showing the company's profit from 1985 at around $15,000 to 2010 at about $32,500.  The x-axis goes from 0 to 30 in intervals of 5 and the y-axis goes from 0 to 35,000 in intervals of 5,000.

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

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Find and interpret the y -intercept.

( 0 , 10 , 625 ) ; In 1980, the profit was $10,625,000.

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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.
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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


Scatterplot with a collection of points: (0,-450); (2,-200); (4,10); (6,265); (8,500) and (10,755). The data appears linear.

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Draw a best-fit line for the plotted data.

Scatterplot with domain from 2 to 10 and range from 20 from 33.  The points plotted are (2,20); (4,23); (6,26); (8,26); and (10,32).
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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 2000 2002 2005 2007 2010
Percent Graduates 8.5 8.0 7.2 6.7 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.


Scatterplot with a collection of points: (2000,8.5); (2002,8); (2005,7.2); (2007,6.7); and (2010,6.4). The data appears linear

y = 0.219 x + 445.990

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In what year will the percentage drop below 4%?

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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

y = 1.820 x + 77.349 , r = 0.986

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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.

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Predict when the population will hit 20,000.

2070

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What is the correlation coefficient for this model?

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Questions & Answers

it is the relatively stable flow of income
Chidubem Reply
what is circular flow of income
Divine Reply
branches of macroeconomics
SHEDRACK Reply
what is Flexible exchang rate?
poudel Reply
is gdp a reliable measurement of wealth
Atega Reply
introduction to econometrics
Husseini Reply
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Ruqayat
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hey
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hello
Jahara
Good morning
Jorge
hi
abubakar
hi
Nmesoma
hi
Mahesh
Hi
Tom
Why is unemployment rate never zero at full employment?
Priyanka Reply
bcoz of existence of frictional unemployment in our economy.
Umashankar
what is flexible exchang rate?
poudel
due to existence of the pple with disabilities
Abdulraufu
the demand of a good rises, causing the demand for another good to fall
Rushawn Reply
is it possible to leave every good at the same level
Joseph
I don't think so. because check it, if the demand for chicken increases, people will no longer consume fish like they used to causing a fall in the demand for fish
Anuolu
is not really possible to let the value of a goods to be same at the same time.....
Salome
Suppose the inflation rate is 6%, does it mean that all the goods you purchase will cost 6% more than previous year? Provide with reasoning.
Geetha Reply
Not necessarily. To measure the inflation rate economists normally use an averaged price index of a basket of certain goods. So if you purchase goods included in the basket, you will notice that you pay 6% more, otherwise not necessarily.
Waeth
discus major problems of macroeconomics
Alii Reply
what is the problem of macroeconomics
Yoal
Economic growth Stable prices and low unemployment
Ephraim
explain inflationcause and itis degre
Miresa Reply
what is inflation
Getu
increase in general price levels
WEETO
Good day How do I calculate this question: C= 100+5yd G= 2000 T= 2000 I(planned)=200. Suppose the actual output is 3000. What is the level of planned expenditures at this level of output?
Chisomo Reply
how to calculate actual output?
Chisomo
how to calculate the equilibrium income
Beshir
Criteria for determining money supply
Thapase Reply
who we can define macroeconomics in one line
Muhammad
Aggregate demand
Mohammed
C=k100 +9y and i=k50.calculate the equilibrium level of output
Mercy Reply
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Amisha
money as unit of account means what?
Kalombe
A unit of account is something that can be used to value goods and services and make calculations
Jim
all of you please speak in English I can't understand you're language
Muhammad
I want to know how can we define macroeconomics in one line
Muhammad
it must be .9 or 0.9 no Mpc is greater than 1 Y=100+.9Y+50 Y-.9Y=150 0.1Y/0.1=150/0.1 Y=1500
Kalombe
Mercy is it clear?😋
Kalombe
hi can someone help me on this question If a negative shocks shifts the IS curve to the left, what type of policy do you suggest so as to stabilize the level of output? discuss your answer using appropriate graph.
Galge Reply
if interest rate is increased this will will reduce the level of income shifting the curve to the left ◀️
Kalombe
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Source:  OpenStax, Algebra and trigonometry. OpenStax CNX. Nov 14, 2016 Download for free at https://legacy.cnx.org/content/col11758/1.6
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