The model P(t)=0.06t+2.52 represents the relationship between the years, t, since 1995 and the price of milk, P(t). Question 1 POSSIBLE POINTS: 1 Part A Identify the slope. Describe what the slope means in the context of the problem. Identify the y-intercept. Describe what the y-intercept represents in the context of the problem. Question 2 POSSIBLE POINTS: 1 Part B The correlation coefficient for the data in the table is r = 0.97968993. Interpret the correlation coefficient in terms of the model. Question 3 POSSIBLE POINTS: 1 Part C Using the model, approximate the price of a gallon of milk in the year 2010. Skip to navigation