Let
y ------> the year
x ----> revenue
so
Plot the given ordered pairs
see the attached figure
(please wait a minute to plot the points)
In the graph the x-coordinate 0 represent year 1990
Find out the equation of the line
take two points
(1990, 5.7) and (2006, 11.5)
Find the slope m
m=(11.5-5.7)/(2006-1990)
m=5.8/16
m=0.3625
Find the equation of the line in slope intercept form
y=mx+b
we have
m=0.3625
point (1990, 5.7)
substitute and solve for b
5.7=(0.3625)(1990)+b
b=-715.675
therefore
y=0.3625x-715.675
