Math

QuestionFind the first year when percent change in beer shipments reaches 34%-34\% using y=4.1x+28.7y=-4.1x+28.7. What does 34%-34\% represent? A. Slope B. xx C. yy D. yy-intercept.

Studdy Solution

STEP 1

Assumptions1. The percent change in beer shipments since the year2007 for a beer company can be approximated by y=4.1x+28.7y=-4.1 x+28.7. . In this equation, x=7x=7 corresponds to the year2007.
3. The model remains accurate.

STEP 2

The value 34%-34 \% represents the variable yy in the given equation, which is the percent change in beer shipments. So, we need to solve the equation for xx when y=34y=-34.

STEP 3

Set yy to 34-34 in the equation and solve for xx.
34=.1x+28.7-34 = -.1x +28.7

STEP 4

Subtract 28.728.7 from both sides of the equation to isolate the term with xx.
3428.7=4.1x-34 -28.7 = -4.1x

STEP 5

Calculate the left side of the equation.
62.7=4.1x-62.7 = -4.1x

STEP 6

Divide both sides of the equation by 4.1-4.1 to solve for xx.
x=62.4.1x = \frac{-62.}{-4.1}

STEP 7

Calculate the value of xx.
x=62.74.1=15.29x = \frac{-62.7}{-4.1} =15.29

STEP 8

Since x=7x=7 corresponds to the year2007, x=15.29x=15.29 corresponds to the year 2007+15.29=2022.292007 +15.29 =2022.29.

STEP 9

Since we are looking for the first full year, we need to round 2022.292022.29 up to the nearest whole number, which is 20232023.
The first full year in which the percent change reaches 34%-34 \% is2023.

Was this helpful?

Studdy solves anything!

banner

Start learning now

Download Studdy AI Tutor now. Learn with ease and get all help you need to be successful at school.

ParentsInfluencer programContactPolicyTerms
TwitterInstagramFacebookTikTokDiscord