Answer to the 1st question: 8 years
Answer to the 2nd question: The year 2022
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Further explanation:
x = number of years after 2008
y = average price of a new car
The prices are going up by $1250 per year on average. This is the slope because the slope is the rate of change. So m = 1250.
The y intercept is b = 30100 as this is the price in 2008.
This leads us to go from y = mx+b to y = 1250x+30100
Plug in x = 0 and you should get y = 30100.
Also, plugging x = 6 into the equation leads to y = 37600 to help confirm things.
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Next, we plug in y = 47600 and solve for x.
y = 1250x+30100
47600 = 1250x+30100
47600-30100 = 1250x
17500 = 1250x
1250x = 17500
x = 17500/1250
x = 14
This means 14 years after the year 2008 is when the average new car price will be $47,600.
2008+14 = 2022
2022-2014 = 8
Therefore, <u>8 years</u> after 2014 (aka the <u>the year 2022</u>) is when the new car average price will be $47,600.
Answer:
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Step-by-step explanation:
Answer:
Measurement error.
Step-by-step explanation:
Measurement Error are the error when there is difference found in true value of data and measured quantity of data. This difference could be found if we are missing some data in the sample.
The error could be reduced by carefully designing the process of data collection and it´s measurement.
Measurement error are classified into two type of error:
- Random error.
- Systematic error.
Answer:
26
Step-by-step explanation: