According to data provided by the US Department of Energy, the average price per gallon of regular gasoline in the United States from September 1, 2014, to December 1, 2014, is modeled by the function F defined below, where is the average price per gallon x months after September 1.
The constant 2.74 in this function estimates which of the following?
Correct answer: D
Explanation
Choice D is correct. Since 2.74 is a constant term, it represents an actual price of gas rather than a measure of change in gas price. To determine what gas price it represents, find x such that F(x) = 2.74, or 2.74 = 2.74 – 0.19(x – 3). Subtracting 2.74 from both sides gives 0 = –0.19(x – 3). Dividing both sides by –0.19 results in 0 = x – 3, or x = 3. Therefore, the average price of gas is $2.74 per gallon 3 months after September 1, 2014, which is December 1, 2014.
Choice A is incorrect. Since 2.74 is a constant, not a multiple of x, it cannot represent a rate of change in price. Choice B is incorrect. The difference in the average price from September 1, 2014, to December 1, 2014, is F(3) – F(0) = 2.74 – 0.19(3 – 3) – (2.74 – 0.19(0 – 3)) = 2.74 – (2.74 + 0.57) = –0.57, which is not 2.74. Choice C is incorrect. The average price per gallon on September 1, 2014, is F(0) = 2.74 – 0.19(0 – 3) = 2.74 + 0.57 = 3.31, which is not 2.74.
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