The three data points (1990, $0.35), (1995, $1.40), (2000, $2.45) give the average cost of an ice cream cone for each of the years shown. The three points lie on a line. What is the equation of the line? I know the difference between each costs is $1.05. I am clueless about how to make this info into an equation.
Okay so you know that these 3 points can be made into a slope correct?
and from there that is why they want you to find the average cost, so that over time, you can find the average change
giving the rise/run
To do that I take the difference of greatest and least and divide by the amount of year?
not really, you must add the values of all three costs (.35+1.40+2.45) and then divide it by the amount of years
so it would be .42 average
ok, i got that. so...y=.42x + .35?
yes i believe that would be the answer
okay, thanks so much!
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