Tuition The table lists the annual cost (in dollars) of tuition and fees at private four-year colleges for selected years. (See Example) Source: The College Board.YearTuition and Fees200016,072200218,060200420,045200622,308200825,177200926,273a. Sketch a graph of the data. Do the data appear to lie roughly along a straight line?b. Let t = 0 correspond to the year 2000. Use the points (0, 16,072) and (9, 26,273) to determine a linear equation that models the data. What does the slope of the graph of the equation indicate?c. Discuss the accuracy of using this equation to estimate the cost of private college in 2025.
SOLUTIONStep 1 of 4Here, we are given a table that lists the annual cost of tuition and fees of a private college for selected years.