Question

The table lists the average annual cost​ (in dollars) of tuition and fees at a certain​ 2-year college for selected​ years, where year 1 represents​ 1992, year 3 represents​ 1994, and so on. Use the ordered pairs ​(3,1140​) and left parenthesis 9 comma 1307 right parenthesis to find the equation of a line that approximates the data.​ (If necessary, round the slope to the nearest hundredth and the​ y-intercept to the nearest whole​ number.)
Start 6 By 2 Matrix 1st Row 1st Column Year 2nd Column Cost left parenthesis in dollars right parenthesis 2nd Row 1st Column 1 2nd Column 1058 3rd Row 1st Column 3 2nd Column 1140 4st Row 1st Column 5 2nd Column 1242 5st Row 1st Column 7 2nd Column 1261 6st Row 1st Column 9 2nd Column 1307 EndMatrix

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Part 1
A.y equals 27.83 x plus 1057
y equals 27.83 x plus 1057
B.y equals 27.83 x plus 973
y equals 27.83 x plus 973
C.y equals 55.67 x plus 973
y equals 55.67 x plus 973
D.y equals 27.83 x minus 1224
y equals 27.83 x minus 1224

Answers

GPT-4o mini
To find the equation of the line that approximates the data using the ordered pairs \((3, 1140)\) and \((9, 1307)\), we will use the formula for the slope of a line and then use the point-slope form to find the equation.

### Step 1: Find the Slope

The formula for the slope \(m\) between two points \((x_1, y_1)\) and \((x_2, y_2)\) is given by:

\[
m = \frac{y_2 - y_1}{x_2 - x_1}
\]

Plugging in our points, we have:

- \((x_1, y_1) = (3, 1140)\)
- \((x_2, y_2) = (9, 1307)\)

Now, calculate the slope:

\[
m = \frac{1307 - 1140}{9 - 3} = \frac{167}{6} \approx 27.83
\]

### Step 2: Find the y-intercept

Now that we have the slope \(m \approx 27.83\), we can use one of the points (let's use \((3, 1140)\)) to find the y-intercept \(b\) using the equation of the line:

\[
y = mx + b
\]

Substituting the values of \(m\), \(x\), and \(y\):

\[
1140 = 27.83(3) + b
\]

Calculating \(27.83(3)\):

\[
27.83 \times 3 = 83.49
\]

Now substituting back into the equation:

\[
1140 = 83.49 + b
\]

Solving for \(b\):

\[
b = 1140 - 83.49 \approx 1056.51 \quad (\text{rounding to the nearest whole number gives } 1057)
\]

### Step 3: Write the Equation

Now we can combine this \(m\) and \(b\) into the equation of the line:

\[
y = 27.83x + 1057
\]

### Step 4: Conclusion

The correct answer, rounded as specified, is:

**A. \(y = 27.83x + 1057\)**