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Answer:
The estimated sales were $260 million
Step-by-step explanation:
Assume the endpoints of a segment are (x1,y1) and (x2,y2).
The midpoint (xm,ym) is calculated as follows:
[tex]\displaystyle x_m=\frac{x_1+x_2}{2}[/tex]
[tex]\displaystyle y_m=\frac{y_1+y_2}{2}[/tex]
The sales ov Cars, Inc. were (2008,240 million) and (2010,280 million). We need to use the midpoint to estimate the sales in 2009:
[tex]\displaystyle x_m=\frac{2008+2010}{2}=2009[/tex]
[tex]\displaystyle y_m=\frac{240+280}{2}=260[/tex]
The estimated sales were $260 million