Vincent’s savings over several weeks are shown in the table. If a linear function models Vincent’s savings over time, how much m
oney did he initially have?
1 answer:
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Answer:
It is expected that linearization beyond age 20 will be use a function whose slope is monotonously decreasing.
Step-by-step explanation:
The linearization of the data by first order polynomials may be reasonable for the set of values of age between ages from 5 to 15 years, but it is inadequate beyond, since the fourth point, located at , in growing at a lower slope. It is expected that function will be monotonously decreasing and we need to use models alternative to first order polynomials as either second order polynomic models or exponential models.