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.

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Presentation transcript:

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

HOMEWORK Page 319 #11-22 all #25 – 34