Mathematics, 10.04.2021 01:40 ExperimentsDIYS
In this task, you will use technology to determine the curve of best fit for data in a real-world context and use your equation to solve problems.
The tourism board in a beach resort area on the East Coast is updating its website and wants to give visitors an estimated lodging price. The board collected data on the daily rental prices for all of the two-bedroom beachfront condos in the area over a 12-month period.
The table represents the average daily price of a two-bedroom beachfront condo each month, with January represented as month 1, February as month 2, and so on.
Month
(x) Daily Rental Price ($)
(y)
1 154
2 205
3 266
4 358
5 403
6 425
7 437
8 430
9 381
10 285
11 211
12 195
Use the graphing tool to determine the curve of best fit for this data.
Use the equation of the curve of best fit to predict what the daily rental price for a two-bedroom condo will be in June and in January.
Type the correct answer in each box.
The daily rental price will be _ in June and _ in January.
Answers: 3
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In this task, you will use technology to determine the curve of best fit for data in a real-world co...
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