Question: Data on average credit-card debt per U.S. household are given in the table below. Model the data with a linear function, and estimate the average
Year, x Credit-Card Debt
Per Household, y
1992, 0 .............................................. $ 3,803
1996, 0 ........................................ 6,912
2000, 8 ........................................ 8,308
2004, 12 ........................................ 9,577
2008, 16 ........................................ 10,691
2011, 19 ........................................ 14,750
Step by Step Solution
3.31 Rating (166 Votes )
There are 3 Steps involved in it
Results may perhaps diverge depending on the data points used We will us... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
864-L-A-L-S (107).docx
120 KBs Word File
