The third option is the answer
Step-by-step explanation:
Answer:
- y = 0.937976x +12.765
- $12,765
- $31,524
- the cost increase each year
Step-by-step explanation:
1. For this sort of question a graphing calculator or spreadsheet are suitable tools. The attached shows the linear regression line to have the equation ...
... y = 0.937976x + 12.765
where x is years since 2000, and y is average tuition cost in thousands.
2. The y-intercept is the year-2000 tuition: $12,765.
3. Evaluating the formula for x=20 gives y ≈ 31.524, so the year-2020 tuition is expected to be $31,524.
4. The slope is the rate of change of tuition with respect to number of years. It is the average increase per year (in thousands). It amounts to about $938 per year.
5. [not a math question]
There is no exact rule for lines of best fit. However, in general, there should be roughly the same amount above as below. So, if we are following this rule, there should be about 4 below as well.
Answer:
arithmetic progression problem
