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04.02.2021 •
Mathematics
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Ответ:
Part B. In this case, you have to find the m and b for the standard form of a linear equation, y=mx + b, wherein m is the slope and b is the y-intercept. But, you can use MS Excel to make a trendline and know the linear equation from it through linear regression. The equation for car 1 is y=-6000x+38000 and that for car 2 is y=-4481.6x+36661.
Part C. In the formulated equations in Part B, we use this to know the value of y by replacing x = 5 years.
Car 1:
y = -6000(5)+38000 = $8,000
Car 2:
y=-4481.6(5)+36661 = $14,253
There is a significant difference, obviously. For Car 1, the value dropped from $20,000 to $8000 in just a year. For Car 2, the value dropped from $23,336.75 to $14,253 in just a year.