5.7 – Predicting with Linear Models
Today we will be learning how to: ◦ Determine whether a linear model is appropriate ◦ Use a linear model to make a real-life prediction
Modeling real-life situations is a major goal for this course Today we will decide whether a linear model can be used to represent real-life data
Example 1 The manager of a restaurant made the following table. Which data are better modeled by a linear model? Average Price Per Pound ($) YearFishMeat
Example 2 Write a linear model for the average meat prices given in Example 1. Average Price Per Pound ($) YearFishMeat
Linear interpolation – method of estimating the coordinates of a point that lies between two given data points Linear extrapolation – method of estimating the coordinates of a point that lies to the right of left of all of the given data points
Example 3 ◦ Use the linear model from Example 2 to estimate the average price per pound of meat in the given year. Tell whether you use linear interpolation or linear extrapolation. 2002 1998
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