Spending on Cable and Satellite TV:
s = 29t + 96
The data from Example 1 is closely modeled by the formula shown, where t represents the year (t = 0 corresponds to the year 2000) and s represents the average amount spent per person, per year in the United States. (a) List five ordered pairs for this relation using t = 3, 5, 7, 9, 11. Does the model give a good approximation of the actual data? (b) According to the model, what will be the average amount spent on cable and satellite TV in the year 2013? (c) According to the model, in what year will annual spending surpass $500? (d) Use the table to graph this relation by hand.
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