5 cents in 1964. It was 49 cents in 2014. Using your linear model, find the year in which postage was 37 cents. Round to a whole year.
5 cents in 1964. It was 49 cents in 2014. Using your linear model, find the year in which postage was 37 cents. Round to a whole year.
49−52014−1964=37−5y−19644450=32y−1964y−1964=32⋅5044y=1964+32⋅5044y=1964+36.¯36y=2000.¯36y=2000
The year in whitch postage was 37 cents was 2000
5 cents in 1964. It was 49 cents in 2014. Using your linear model, find the year in which postage was 37 cents. Round to a whole year.
Let 1964=year0 so 2014=year 50
year x | 0 | 50 |
price y | 5 | 49 |
y=m*x +5
49=m*50+5
44=50m
m=44/50 = 88/100 = 0.88
so
y=0.88x+5
Find x when y=37
37=0.88x+5
32=0.88x
x=32/0.88 = 36 to the nearest whole.
1964+36 = 2000
So if the linear model is accurate then the price was 37c in the year 2000.
5 cents in 1964. It was 49 cents in 2014. Using your linear model, find the year in which postage was 37 cents. Round to a whole year.
49−52014−1964=37−5y−19644450=32y−1964y−1964=32⋅5044y=1964+32⋅5044y=1964+36.¯36y=2000.¯36y=2000
The year in whitch postage was 37 cents was 2000