College Algebra (6th Edition)

Published by Pearson
ISBN 10: 0-32178-228-3
ISBN 13: 978-0-32178-228-1

Chapter 2 - Functions and Graphs - Exercise Set 2.4 - Page 268: 30

Answer

a) $-96$ b) underestimates the average yearly decrease by $-34$

Work Step by Step

a) Using the formula $$f(x)=1.1x^3-35x^2+264x+557$$ we can determine the values $f(7)=1067.3$ and $f(12)=585.8$. Therefore, by inserting it into the slope formula $$m=\frac{f(x_{2})-f(x_{1})}{x_{2}-x_{1}}=\frac{585.8-1067.3}{12-7}\approx-96$$ b) Because the average yearly decrease determined in Exercise $28$ was $-130$ and the result obtained using the slope was $-96$, it follows that the slope from part $(b)$ underestimates the average yearly increase determined in exercise 28 by $-130-(-96)=-34$.
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