College Mathematics: Learning Worksheets Chapter 1
11
Name ________________________________ Date ______________ Class ____________
Goal: To interpret slopes and find linear regression equations
In Problems 1–3, use the given information to answer the questions.
1. Depreciation. A new car worth $45,000 is depreciating in value by $5000 per year.
a) Find the linear model for the current value of the car, v, and the number of
years, y, after it was purchased.
b) Interpret the slope of the model.
c) If the car is 3 years old, what does the model predict for its value?
d) After how many years will the car be worth nothing?
Solution:
Section 1-3 Linear Regression
Solving Real-World Problems
1. Construct a mathematical model.
3. Interpret the solution.
Linear Regression on a Graphing Calculator
2. In the “STAT” mode, find the “LinReg” function.