34.9k views
4 votes
The population of town X was 220,000 in 2000, and 252,000 in 2010. Project the population in 2020.

User Lakerfield
by
7.2k points

1 Answer

3 votes

Answer: To project the population in 2020, we can use the linear trend line equation.

First, we need to find the equation of the line. Let's use the two given points, (2000, 220,000) and (2010, 252,000), to find the slope of the line:

slope = (252,000 - 220,000) / (2010 - 2000) = 32,000

Next, we can use the slope-intercept form of the line equation: y = mx + b, where m is the slope and b is the y-intercept.

Plug in the first point: 220,000 = 32,000 * 2000 + b

Solve for b: b = 220,000 - 32,000 * 2000 = -44,000,000

The equation of the line is: y = 32,000x - 44,000,000

Finally, we can use the equation of the line to project the population in 2020:

y = 32,000 * 2020 - 44,000,000 = 264,000

So, the projected population in 2020 is 264,000.

Explanation:

User Vanhooser
by
7.6k points