Business In the United States, total alcoholic beverage sales were $119.1 billion in 2003 and $132.3 billion in 2005.†
(a) Let the x-axis denote lime and the y-axis denote the amount of alcohol sales (in billions). Let x = 0 correspond to 2003. Fill in the blanks: The given data is represented by the points (_____, 119.1 ) and (2, _____),
(b) Find the linear equation determined by the two points in part (a).
(c) Use the equation in part (b) to estimate the alcohol sales produced in 2004.
(d) If the model remains accurate, when did alcohol sales reach $150 billion?
†U.S. Department of Agriculture.
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