QuestionFind the percent change in beer shipments since 2007 by 2010 using . What is for ?
Studdy Solution
STEP 1
Assumptions1. The percent change in beer shipments can be approximated by the linear equation . In this equation, corresponds to the year20073. We need to find the percent change that occurred by the year2010
STEP 2
First, we need to determine the value of that corresponds to the year2010. Since corresponds to the year2007, we can add to7 to get the value of for the year2010.
STEP 3
Calculate the value of for the year2010.
STEP 4
Now that we have the value of for the year2010, we can substitute this into the equation to find the percent change in beer shipments that occurred by2010.
STEP 5
Substitute into the equation.
STEP 6
Calculate the value of .
The percent change in beer shipments since200 that occurred by2010 is .
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