The table gives the amount of money (in dollars) spent on football by a major university. Letting a represent the number of years since 2005, and letting y represent the amount of money spent on football, in thousands of dollars, use the regression capabilities of a graphing calculator to find the equation of the line of best fit. Round values off to the nearest hundredth. Then, use your equation to make the following predictions. Year 2005 2006 2007 2008 2009 2010 Dollars spent on football 165,000 196,000 210,000 226,000 242,000 279,000 The equation of the line of best fit is: Hint Predict the amount of money that will be spent on football in the year 2024. +A Predict the amount of money that will be spent on football in the year 2041.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section: Chapter Questions
Problem 41SGR
Question
The table gives the amount of money (in dollars) spent on football by a major
university. Letting a represent the number of years since 2005, and letting y
represent the amount of money spent on football, in thousands of dollars, use the
regression capabilities of a graphing calculator to find the equation of the line of
best fit.
Round values off to the nearest hundredth.
Then, use your equation to make the following predictions.
Year
2005
2006
2007
2008
2009
2010
Dollars spent
on football
165,000 196,000 210,000 226,000 242,000
279,000
The equation of the line of best fit is:
Hint
Predict the amount of money that will be spent on football in the year 2024.
+A
Predict the amount of money that will be spent on football in the year 2041.
Transcribed Image Text:The table gives the amount of money (in dollars) spent on football by a major university. Letting a represent the number of years since 2005, and letting y represent the amount of money spent on football, in thousands of dollars, use the regression capabilities of a graphing calculator to find the equation of the line of best fit. Round values off to the nearest hundredth. Then, use your equation to make the following predictions. Year 2005 2006 2007 2008 2009 2010 Dollars spent on football 165,000 196,000 210,000 226,000 242,000 279,000 The equation of the line of best fit is: Hint Predict the amount of money that will be spent on football in the year 2024. +A Predict the amount of money that will be spent on football in the year 2041.
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
PREALGEBRA
PREALGEBRA
Algebra
ISBN:
9781938168994
Author:
OpenStax
Publisher:
OpenStax