Question

The median player salary for the Dallas Cowboys was $441,300 in 2000 and $1,326,720 in 2008. Write a linear equation giving the median salary y in terms of the year x. Then use the equation to predict the median salary in 2016.

Answer 1

Y=110,677.5x + 441,300
y, in 2016, would be equal to about $2,212,140

Answer 2

Answer:

Linear function is $y=\frac{221355}{2}x+441300$

Median salary in 2016 is $2212140

Step-by-step explanation:

Let t = 0 is corresponds to the year 2000.

Thus, basis the given information, we have two points

(0,441300) and (8,1326720)

Slope of the linear function can be found by the formula

$m=\frac{y_2-y_1}{x_2-x_1}\\\\m=\frac{1326720-441300}{8-0}\\\\m=\frac{221355}{2}​$

Now, using the point slope form, we can find the linear function

$y-y_1=m(x-x_1)\\\\y-441300=\frac{221355}{2}(x-0)\\\\y=\frac{221355}{2}x+441300$

Median salary in 2016 is

$y=\frac{221355}{2}\times16+441300\\\\y=2212140$