The linear equation represented on the coordinate plane represents the average cost of a loaf of white bread since the year 1985.

(10, 0.85) (17, 1.06) (23, 1.24) (30, 1.45)
Select all the statements that are true for the linear equation.

(4 points)
Responses

y = 0.03x + 0.55 represents the linear equation
y = 0.03x + 0.55 represents the linear equation

The cost of a loaf of bread in 1990 was $0.70.
The cost of a loaf of bread in 1990 was $0.70.

(27,1.48) is a solution to the linear equation
(27,1.48) is a solution to the linear equation

The cost of a loaf of bread in 2015 was $1.50
The cost of a loaf of bread in 2015 was $1.50

(5, 0.7) is a solution to the linear equation
(5, 0.7) is a solution to the linear equation

A loaf of bread cost $0.55 in 1985

1 answer

To determine which statements are true regarding the linear equation representing the average cost of a loaf of white bread since 1985, we need to analyze the given coordinates and the proposed linear equation.

  1. Finding the linear equation: Given points are:

    • (10, 0.85), which represents the year 1995 (10 years after 1985)
    • (17, 1.06), which represents the year 2002 (17 years after 1985)
    • (23, 1.24), which represents the year 2008 (23 years after 1985)
    • (30, 1.45), which represents the year 2015 (30 years after 1985)

    To find the slope (m) of the line connecting any two points, we can use the formula: \[ m = \frac{y_2 - y_1}{x_2 - x_1} \] Let's take the points (10, 0.85) and (30, 1.45): \[ m = \frac{1.45 - 0.85}{30 - 10} = \frac{0.60}{20} = 0.03 \]

    Now we can find the y-intercept (b) using the equation of a line \(y = mx + b\). Using the point (10, 0.85): \[ 0.85 = 0.03(10) + b \implies 0.85 = 0.30 + b \implies b = 0.55 \] Therefore, the equation of the line is: \[ y = 0.03x + 0.55 \]

  2. Evaluating each statement:

    • y = 0.03x + 0.55 represents the linear equation.

      • True (confirmed by our calculation)
    • The cost of a loaf of bread in 1990 was $0.70.

      • 1990 corresponds to \(x = 5\): \[ y = 0.03(5) + 0.55 = 0.15 + 0.55 = 0.70 \]
      • True
    • (27, 1.48) is a solution to the linear equation.

      • Plugging \(x = 27\): \[ y = 0.03(27) + 0.55 = 0.81 + 0.55 = 1.36 \]
      • Since \(1.48 \neq 1.36\), this statement is False.
    • The cost of a loaf of bread in 2015 was $1.50.

      • 2015 corresponds to \(x = 30\): \[ y = 0.03(30) + 0.55 = 0.90 + 0.55 = 1.45 \]
      • Since $1.50 does not equal $1.45, this statement is False.
    • (5, 0.7) is a solution to the linear equation.

      • Plugging \(x = 5\): \[ y = 0.03(5) + 0.55 = 0.70 \]
      • True
    • A loaf of bread cost $0.55 in 1985.

      • The year 1985 corresponds to \(x = 0\): \[ y = 0.03(0) + 0.55 = 0.55 \]
      • True

In conclusion, the true statements are:

  1. y = 0.03x + 0.55 represents the linear equation.
  2. The cost of a loaf of bread in 1990 was $0.70.
  3. (5, 0.7) is a solution to the linear equation.
  4. A loaf of bread cost $0.55 in 1985.