According to a study, 50,000 bachelor degrees in business were awarded in 1990 and 100,000 were awarded in 2000. If the number o
f 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)
For every elapsed year (X), 5000 bachelor degrees in business will increase (Y).
<h3><u>Linear functions</u></h3>
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).