Question: Can you solve Using any two data..... and Predict the price in 2018 Step 5: Linear Modeling (6 pts) Assuming that the trend is linear,

Can you solve Using any two data..... and Predict the price in 2018

Can you solve Using any two data..... and Predict
Step 5: Linear Modeling (6 pts) Assuming that the trend is linear, generate a linear model. To make the calculation easier, rescale the time values for 2009 through 2015 in the above table. Let 2009 be the year 0 T. Price 0. (2009) $2.25 4. (2013). $2.50 6 (2015) $2.75 Using any two data points from the rescaled table develop a possible linear model of the above data by filling in the blanks in the following calculation. (0, 2. 25) and (_;) P = at + b P = at +? a = ( - )/(- ) a = / a = P =?t+? Predict the price in 2018. For 2018, t =? P =? ( ?) +?P = According to this model, the Price is expected to be about $ in the year 2018

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