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The Value of the Conference Board Index of 10 Economic E(t)={0.4t+110 if 6t150.2t119 if 15<t20E ( t ) = \left\{ \begin{array} { l l } 0.4 t + 110 & \text { if } 6 \leq t \leq 15 \\- 0.2 t 119 & \text { if } 15 < t \leq 20\end{array} \right.

Question 143

Multiple Choice

The value of the Conference Board Index of 10 economic indicators in the U.S. could be approximated by the function of time t in months since the end of December 2002. E(t) ={0.4t+110 if 6t150.2t119 if 15<t20E ( t ) = \left\{ \begin{array} { l l } 0.4 t + 110 & \text { if } 6 \leq t \leq 15 \\- 0.2 t 119 & \text { if } 15 < t \leq 20\end{array} \right.
Use the model to estimate when - prior to March, 2004 - the index was 113.


A) t=7.0t = 7.0 months
B) t=7.5t = 7.5 months
C) t=7.8t = 7.8 months
D) t=7.4t = 7.4 months
E) t=6.5t = 6.5 months

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