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Algebra Application: When Will Space Travel Be Affordable?

In this Algebra Application, students examine the budding industry of commercial space travel. Using data from the Bureau of Transportation Statistics, students build a mathematical model from historical airfare data. This model is used to predict when commercial space travel will become affordable. This also includes a discussion of inflation-adjusted costs and the future value of money.

Topics covered:

  • Mathematical modeling
  • Linear regression
  • Exponential functions
  • The time value of money

Note: The download is a PDF file that includes the link to the GoogleDoc version.

Common Core Standards CCSS.MATH.CONTENT.8.SP.A.1, CCSS.MATH.CONTENT.8.SP.A.2, CCSS.MATH.CONTENT.HSF.LE.A.1
Grade Range 8 - 10
Curriculum Nodes Algebra
    • Exponential and Logarithmic Functions
        • Applications of Exponential and Logarithmic Functions
    • Linear Functions and Equations
        • Applications of Linear Functions
    • Probability and Data Analysis
        • Data Analysis
Copyright Year 2021
Keywords scatterplot, linear regression, applications of exponential functions, applications of linear functions, inflation, time value of money