Sales The sales (in millions of dollars) for the Yankee Candle Company in the years 1998

Chapter 2, Problem 80

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Sales The sales (in millions of dollars) for the Yankee Candle Company in the years 1998 through 2003 are shown in the table. (Source: The Yankee Candle Company) 1998 184.5 1999 256.6 2000 338.8 2001 379.8 2002 444.8 2003 508.6 A model for these data is given by where represents the year, with corresponding to 1998. (a) Use a graphing utility to plot the data and graph the model in the same viewing window. How well does the model fit the data? (b) Use the model to estimate the sales for the Yankee Candle Company in 2008. (c) Would this model be useful for estimating sales after 2008? Explain. True or False?

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