# The following table gives the average price of a pound

The following table gives the average price of a pound of spaghetti and macaroni in January of the given years.
Year Price
2000.......................................\$0.88
2004.......................................\$0.92
2008.......................................\$1.02
2011.......................................\$1.21
2015.......................................\$1.26
(a) Obtain the least-squares line that fits these data. (Let x = 0 correspond to 2000.)
(b) Estimate the average price of a pound of spaghetti and macaroni in January 2013.
(c) If this trend continues, when will the average price of a pound of spaghetti and macaroni be \$1.45?
Related Book For

Finite Mathematics and Its Applications

12th edition

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

ISBN: 978-0134768632

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