Math Problem Statement

The following table shows the percentage P = P(d) of the American food dollar that was spent on eating away from home (at restaurants, for example) as a function of the date d. d = Year P = Percent spent away from home 1969 25% 1989 30% 2009 34% Estimate P(1999).

Solution

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Math Problem Analysis

Mathematical Concepts

Linear Interpolation
Linear Relationships
Algebra

Formulas

Slope formula: m = (P2 - P1) / (d2 - d1)
Linear interpolation formula: P(d) = P1 + m * (d - d1)

Theorems

Linear interpolation method

Suitable Grade Level

Grades 9-12