Question

According to a study, 50,000 bachelor degrees in business were awarded in 1990 and 100,000 were awarded in 2000. If the number of bachelor degrees in business continues to grow linearly,
a) Identify what x and y are and find the linear equation that models this information. Show all work. (5 points)

Answer 1

For every elapsed year (X), 5000 bachelor degrees in business will increase (Y).

Linear functions

To determine, if the number of bachelor degrees in business continues to grow linearly, what will be the growth parameter in said linear equation, the following calculation must be performed:

• (100000 - 50000) / (2000 - 1990) = Y
• 50000 / 10 = Y
• 5000 = Y

Therefore, for every elapsed year (X), 5000 bachelor degrees in business will increase (Y).

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