The ordered pair that has been approximated is (1997,12,000) & (2004, 28,000). M=change in Y/ change in X 12,000-28,000=-16,000 2004-1997=7 -16,000/7=-2,285 3. Provide the slope between these two points and show your work. The slope between the two lines will be -2,285 4. Explain your slope in terms of the rate of change for 1 year. Formula = y-y^1=M (x-x^1) Y = 28,000 = -16,000(x-1998) Y = -16,000-1998 5. Explain whether you feel this is a reasonable approximation of the trend or not. Justify your response. I do not think that the approximation is not 100% correct because it can increase or decrease, if you are increasing you are going up and if you are decreasing you are going down and better yet it could also stay the same and not increase or decrease. 6. Write an equation for a line to approximate your data in the form y=mx+b. Use the slope you found, one of your ordered pairs, and the point-slope formula. Remember to show all your work. Y = mx+b Y + 12,000 +27,000. Use the equation your classmate wrote in y=mx+b form to make a prediction for the year 2030 (x=2030). What is your y value? Show