A cafeteria worker is wondering how student lunch prices at a high school have changed over time. She researches lunch prices for the years 2000 through 2015 and plots the data in a scatter plot. The best–fit line for the data has the equation y = 0.057x + 1.150, where x is the number of years since 2000 and y is the student lunch price, in dollars. Determine whether each statement below is true or false based on the equation of the line of best fit. Select True or False for each statement.

true, false, true

Step-by-step explanation:

x ≥ 18 is your answer

step-by-step explanation:

let "a number" = x

(2/3)x + 17 ≥ 29

isolate the variable (x). do the opposite of pemdas (parenthesis, exponent (& root), multiplication, division, addition, subtraction).

first, subtract 17 from both sides.

(2/3)x + 17 (-17) ≥ 29 (-17)

(2/3)x ≥ 29 - 17

(2/3)x ≥ 12

next, multiply 3/2 to both sides to isolate the x

(3/2)(2/3)x ≥ 12(3/2)

x ≥ 12(3/2)

simplify. multiply, then divide

x ≥ (12 * 3)/2

x ≥ (36)/2

x ≥ 18

x ≥ 18 is your answer

~

answer: c, the green line

step-by-step explanation:

there is no black line, eliminate b.

simple interest implies periodic payments, but the red line shows no payments, eliminate d.

simple interest has equal payments. if paid say every day, the graph is about a straight line (actually a stairstep).

the yellow line is not straight, eliminate a.

check: the green line is straight, answer is c.

simple interest with positive interest rate gives a straight line sloping up to the right. green line:

g(t) = $100 + ($200-$100) ÷ (20 years) × (t years)

= $100 + (4%/year) × ($100)(t years)

incidentally, the yellow line curving upward represents continuously compounded interest

y = $100 × 2^(t years / (14 assuming the yellow line hits $200 at 14 years. 2^0 is 1, so y(0) = $100; 2^(14/14) is 2, so y(14) = $200.