Question

The equation y equals 0.03 x + 0.51 can be used to predict the price per pound of white bread where X is the number of years since 1983 according to the model what will the price per pound of white bread be in the year 2015

Answer 1

Answer:

$1.47.

Step-by-step explanation:

We have been given an equation $y=0.03x+0.51$ that can be used to predict the price per pound of white bread where x is the number of years since 1983.

Let us find the number of years from 1983 to 2015 by subtracting 1983 from 2015.

$x=2015-1983$

$x=32$

Let us substitute x=32 in our given equation to find the price of per pound of white bread in the year 2015.

$y=0.03*32+0.51$

$y=0.96+0.51$

$y=1.47$

Therefore, the price of per pound of white bread in the year 2015 will be $1.47.