The number pending corporate fraud case stood at 545 at the beginning of 2008 (t=0) and was 726 at the begin of 2012. the growth was app. linear
A. Derive an equation of the line passing through points A (0,545) and B (4,726) (let t be the independent variable and y be dependent variable
b. use the equation found in part a to estimate the number of pending corporate fraud cases at the beginning of 2015 (round to nearest whole number)
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If the relationship is linear to . we need to ge the formula in the form
y =mt +c whet m is the slope and c is the y intercept
to determine slope m = change in y /change in t
= 726-545/4-0= 181//4=45.25
y =45.25t +c
since we know the y intercept (when t =0)
c = 545
equation is thus
To ge t we subtract 2015-2008 = 7 years
y =45.25(7) +545
y= 316.75 +545
y = 861.75
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