Final answer:
The equation describing the relationship between time and the number of registered gasoline-electric hybrid cars is y = 14000x + 29000.
Step-by-step explanation:
Let's define the years past 2004 as 'x' and the number of registered gasoline-electric hybrid cars as 'y'. We have two ordered pairs: (0, 29000) and (3, 71000) representing the years 2004 and January 2007 respectively.
To find the equation of the relationship between time and the number of registered cars, we can use the slope-intercept form of a linear equation, which is y = mx + b. We can first find the slope using the formula:
slope (m) = (change in y) / (change in x) = (71000 - 29000) / (3 - 0) = 42000 / 3 = 14000
Now, we can substitute one of the ordered pairs and the slope into the slope-intercept form to find the y-intercept (b):
29000 = 14000(0) + b
b = 29000
Therefore, the equation describing the relationship between time and the number of registered gasoline-electric hybrid cars is:
y = 14000x + 29000