Mth114 S2007 Q2

MTH 114 Quiz 2
La Salle University
Dr. R. DiDio
Spring 2007

The following table shows the earnings of Wendy’s International, Inc. Stock from 1989 through 1994

Year 1989 1990 1991 1992 1993 1994
Earnings per share (cents) 32 41 52 63 69 71

a) Find a linear function for this data, with number of years since 1989 as the input, and earnings per share in cents as the output. (Be sure to name function, describe units, and define variable)

b) Use your model in (a) to estimate earnings per share in 2010.

c) Based on your model, when would you predict that earnings per share will reach $2.50

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