Solution-From the data given below and the toll charge

From the data given below and the toll charge of 050

Reference no: EM13580599

Question: For the last 29 years the operator of a toll bridge has kept records of the use of the bridge during each month of the year. For the upcoming month of May, he would like to predict the expected income from operation of the bridge. From the data given below and the toll charge of $0.50 per vehicle, what is the expected income for the bridge during the month of May?

Year	Number of Cars	Year	Number of Cars
1959	10,234	1974	10,187
1960	12,900	1975	10,648
1961	11,879	1976	11,645
1962	9,075	1977	10,975
1963	10,396	1978	12,375
1964	10,746	1979	10,357
1965	13,056	1980	13,078
1966	12,874	1981	10,284
1967	11,789	1982	9,993
1968	10,678	1983	11,964
1969	10,357	1984	9,876
1970	9,234	1985	12,675
1971	10,345	1986	10,467
1972	11,465	1987	13,127
1973	12,385

Reference no: EM13580599

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From the data given below and the toll charge of 050

Reference no: EM13580599

Reference no: EM13580599

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