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(2) A company buys a fax machine for $2,700. If it is worth $100 at the
end of 5 years. What was the machine worth after 3 years?
(0,27000) (5,100) (3,?)
(x ¿ ¿ 1 , y 1 )¿ ( x , y ¿ (x, y)
2 2
y 2− y 1
m= x 2− x1
y= mx+ b
m=-520 b=27000
y=-520x+27000
y=-520 (3) +27000
y=1140
(3) If a business had sales of $50,000 the second year of business and
$100,000 in sales the fifth year,
How much will sales be in the eighth year of business?
(2, 50,000) (5, 100,000) (8, ?)
(x ¿ ¿ 1 , y 1 )¿ ( x , y ¿ (x, y)
2 2
y-y1=m(x-x1)
Y 10 12 13 16 19
2
The normal equations associated with y=a x +bx + c
na+ b ∑ x+ ¿ c ∑ x =∑ y ¿
2
a ∑ x +b ∑ x +c ∑ x =∑ xy
2 3
a ∑ x +b ∑ x +c ∑ x =∑ x y
2 3 4 2
x y xy x
2 2
x y x
3
x
4
1 10 10 1 1 1 1
2 12 24 4 8 8 16
3 13 39 9 27 27 81
4 16 64 16 64 64 25
6
5 19 95 25 125 125 62
5
∑ x =15 , ∑ y =70 , ∑ xy=232 , ∑ x2 =55 , ∑ x 2 y=906 ,
∑ x 3=225 , ∑ x 4 =979
The normal equations become
5a+15b+55c=70
15a+55b+225c=232
55a+225b+979c=906
a=0.29 ,b=0.49,c=9
2
y=0.29 x +0.49 x +9.4