Write a linear model for the money spent on jet skis


Problem

From 1994 to 1999, the amount (in millions of dollars) spent in the U.S. on jet skis increased by about 150 per year. In 1996, the amount spent (in millions of dollars) was 1500. Write a linear model for the money spent (in millions of dollars) on jet skis. Let y= money spent and t=0 represents 1994.

The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.

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Applied Statistics: Write a linear model for the money spent on jet skis
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