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VashaNatasha [74]
2 years ago
14

Ivy Tech tuition was $3090 in 2010 and $3196 in 2015. Calculate the slope, then create a linear model that would predict tuition

for any year after 2010. Assuming the linear trend remained constant, what would tuition be in 2017?
Mathematics
1 answer:
PSYCHO15rus [73]2 years ago
4 0

Answer:

Part a) The slope is equal to m=21.2\frac{\$}{year}

Part b) The linear equation is equal to y=21.2x+3,090

Part c) The tuition would be \$3,238.4 in 2,017

Step-by-step explanation:

step 1

<em>Find the slope m</em>

Let

x-----> the year after 2,010

y-----> the tuition

we have

For the year 2,010

x=0\ years

For the year 2,015

x=(2,015-2,010)=5\ years

so

A(0,3,090), B(5,3,196)

Calculate the slope

m=\frac{(3,196-3,090)}{(5-0)}=21.2\frac{\$}{year}

step 2

<em>Find the linear equation</em>

with the slope m and the point A find the linear equation

y-y1=m(x-x1)

substitute the values

y-3,090=21.2(x-0)

y=21.2x+3,090 -------> linear equation that would predict tuition for any year after 2010

step 3

Assuming the linear trend remained constant, what would tuition be in 2017

so

For x=(2,017-2,010)=7\ years

substitute in the linear equation

y=21.2(7)+3,090=\$3,238.4

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