Figure 16 gives the average college costs (in thousands of dollars) for public colleges in the U.S.

Question:

Figure 16 gives the average college costs (in thousands of dollars) for public colleges in the U.S.

(a) Obtain the least-squares line that fits these data. (Let x = 0 correspond to 2005.)

(b) Estimate the average cost in 2010.

(c) If the trend determined by the straight line in part (a) continues, when will the average cost reach $22,000?

18 15.6 16 14.4 14 12.8 11.6, 12 10.5 10 4 2005 2007 2009 2011 2013 $ (in thousands) 2.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Finite Mathematics and Its Applications

ISBN: 978-0134768632

12th edition

Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair

Question Posted: