The following table shows the tuition for a semester at CBU in dollars for years since 1990.
Year | CBU Tuition |
---|---|
0 | 3430 |
2 | 3995 |
4 | 4650 |
6 | 5350 |
8 | 6200 |
10 | 6965 |
12 | 7895 |
14 | 8855 |
16 | 9780 |
18 | 11040 |
20 | 12160 |
22 | 13350 |
A scatter plot for the data and a graph of a linear model in black and a quadratic model in red follows.
Use the above scatter plot to decide which model better fits the data.
Let be the cost of tuition at CBU in dollars for t years since 1990.
A quadratic model for the data is
= .
Use three decimals in your answer.
Estimate the tuition in 2016. $
Use the model to predict the year in which the tuition will be $14175.