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Applications In this set of exercises, you will use properties of functions to study real-world problems. Commerce The following table lists the annual sales of CDs by a small music store for selected years. $$ \begin{array}{c|c} \text { Year } & \text { Number of Units Sold } \\ 2002 & 10,000 \\ 2005 & 30,000 \\ 2006 & 33,000 \end{array} $$ Find the average rate of change in sales from 2002 to 2005. Also find the average rate of change in sales from 2005 to \(2006 .\) Does the average rate of change stay the same for both intervals? Why would a linear function \(n o t\) be useful for modeling these sales figures?

Short Answer

Expert verified
The average rate of change from 2002 to 2005 is approximately 6666.67 units per year, whereas from 2005 to 2006 is 3000 units per year. These two rates are not equal, meaning the rate of change is not constant. Hence, a linear function would not be an ideal choice for modeling these sales figures, as it assumes a constant rate of change.

Step by step solution

01

Calculate the Average Rate of Change from 2002 to 2005

Firstly, the average rate of change can be found by taking the difference in the value of the units sold and dividing it by the difference in the years. So for 2002 to 2005, this is \((30000-10000)/(2005-2002) = 20000/3 \approx 6666.67\) units per year.
02

Calculate the Average Rate of Change from 2005 to 2006

Using the same formula, the average rate of change from 2005 to 2006 is \((33000 - 30000)/(2006-2005) = 3000\).
03

Compare the Average Rates of Change

Comparing the two average rates of change reveals that they are not equal. The average rate of change from 2002 to 2005 is greater than the average rate from 2005 to 2006. This means that the rate at which sales increased was slowing.
04

Determine the Applicability of a Linear Function

A linear function implies a constant average rate of change (i.e., constant slope). Here, that’s not the case. The average rate of change is decreasing, indicating that a linear function wouldn’t be the best choice for modelling these sales figures. A non-linear function, which can capture varying rates of change, would be a more suitable option.

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Key Concepts

These are the key concepts you need to understand to accurately answer the question.

Linear Function
A linear function is a mathematical expression that creates a straight line when graphed. It can be represented by the equation \( y = mx + b \), where \( m \) is the slope and \( b \) is the y-intercept. The key feature of a linear function is its constant slope, which represents a constant rate of change. This means, as one variable increases or decreases, the other variable will change at the same rate. In the context of changes in sales over time, a linear function implies that sales increase (or decrease) steadily over each year.

However, in real-world scenarios, sales or other phenomena do not always change at a constant rate. Thus, a linear function might not adequately capture fluctuations or varying trends. This was evidenced in the music store sales data, where the average rate of change in sales was different for different periods, indicating that a steady linear growth model wouldn’t fit the data exactly.
Non-linear Function
A non-linear function shows a relationship that is not straight when graphed. Examples include quadratic, exponential, and logarithmic functions. Non-linear functions are essential for modeling scenarios where change isn’t constant.

In the case of the small music store, sales didn’t follow a constant pattern. Since the average rate of change differed over the years, using a non-linear function would allow us to capture these complex trends more effectively. Non-linear functions accommodate accelerating growth, slowing growth, and other variations over time, making them a more flexible modeling option in many real-world applications.
Real-world Applications
The concept of average rate of change between intervals can be used in various real-world applications, beyond just sales data. It is crucial for understanding trends in economics, science, and engineering. For instance, the average rate of change can apply to:

  • Determining changes in population growth in demography.
  • Estimating the speed of a vehicle over a journey.
  • Analyzing temperature changes in meteorology.

Each of these examples can benefit from a deeper analysis by choosing the correct mathematical function, whether linear or non-linear, ensuring the modeling mirrors reality accurately.
Mathematical Modeling
Mathematical modeling refers to using mathematical structures and functions to represent real-world scenarios. It helps predict future outcomes and understand complex relationships. By choosing the appropriate functions, we can model both simple and complex systems effectively.

When modeling sales, if data shows a constant change, a linear model might be sufficient. When there's variability, like with the music store's sales data, a non-linear model can better fit the unpredictable nature of the data. Modeling requires selecting the proper mathematical function to reflect the situation's realities accurately, ensuring that predictions are reasonable and beneficial for decision-making purposes.

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