10. The table below shows the sales for a flower company for the years 2007 through 2012. Answer the given questions about this table on your answer sheet.
14 -
A) Graph the data on the scatter plot and draw a line of best fit for the data.
FLOWER SALES
$420
Sales
$395
Year
(in
thousands)
Sales in
$370
2007 $305
thousands)
2008
$345
$330
2009
$345
$330
2010
$370
$305
2007 2008 2009 2010 2011 2012
2011
$395
2012
$420
year
B) Write an equation for the line of best fit for this data.
Let x represent the years since 2007 and y represent the
sales, in thousands of dollars.
C) According to your equation, in what year will the
sales reach about $500 (in thousands)? Use
mathematics to explain how you determined your
answer