Question In a certain country, total alcoholic beverage sales are reported throughout the year. Sales were reported as $116.9 billion at the beginning of 2004 and $138.7 billion at the beginning of 2006. (a) Let the x-axis denote time and the y-axis denote the amount of alcohol sales (in billions). Let X equals=00 correspond to 2004. Fill in the blanks: The given data is represented by the points (____,116.9) and (22,____). (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 2005. (d) If the model remains accurate, in what year will reported alcohol sales reach $160 billion?
Question
In a certain country, total alcoholic beverage sales are reported throughout the year. Sales were reported as
$116.9 billion at the beginning of 2004 and $138.7 billion at the beginning of 2006.
(a) Let the x-axis denote time and the y-axis denote the amount of alcohol sales (in billions). Let X equals=00 correspond to 2004.
Fill in the blanks: The given data is represented by the points (____,116.9) and (22,____).
(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 2005.
(d) If the model remains accurate, in what year will reported alcohol sales reach $160 billion?
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