To express the relationship relating the value of the baseball player's rookie card \( y \) in dollars with the number of years \( x \) since the player retired, we can establish the following linear equation:
- The initial value of the card when the player retired in 1998 was \( 7.25 \) dollars.
- The card value increases by \( 1.63 \) dollars each year.
Using these two pieces of information, we can write the equation as follows:
\[ y = 7.25 + 1.63x \]
Where:
- \( y \) is the value of the card in dollars.
- \( x \) is the number of years since the player retired.
Part 2: Proportional Relationship
The relationship is not proportional. A proportional relationship would require the equation to be of the form \( y = kx \) (where \( k \) is a constant), which means the line would go through the origin (0,0). Since the equation has a constant term of \( 7.25 \), it represents a linear function that does not pass through the origin.
Part 3: Value of the Card in 2006
To find the value of the card in 2006, we need to determine how many years it was from 1998 to 2006:
\[ 2006 - 1998 = 8 \text{ years} \]
Now, we can plug \( x = 8 \) into our equation:
\[ y = 7.25 + 1.63(8) \] \[ y = 7.25 + 13.04 \] \[ y = 20.29 \]
Thus, the value of the card in 2006 was $20.29.