The Story of Bacon

The Approximate story of bacon from 1895 to 2014

The average retail price of Bacon per pound in 1895 was around $0.13. The price of a pound of bacon in 2014 was around $5.78. On average what was the price increase of bacon each year?  According to your model, what is the price of a pound of bacon now in our local stores?  What is the current price of a pound of bacon? Compare that price with your model's predicted price?

On average what was the price increase of bacon each year to the nearest penny?

Create a table that models the price of a pound of bacon every 10 years starting in 1895.

Can you make an equation or model that represents the price of bacon for every year since 1895? Where we make 1895 be zero in our model?

According to your model, what is the price of a pound of bacon now in our local stores? 

Search for that actual price of a pound of bacon. What is the current price of a pound of bacon?

How close is our models prediction to the actual current price of bacon? What do you think is going on here? What do you notice? What do you wonder?

The Actual Story of Bacon from 1895 to 2014

Use the data above and make a graph of the data to share with the class. You can also use Desmos or a spreadsheet

Now that you have made the graph, what do you notice and what do you wonder? How does this graph compare to your original model? Is there another model that does a better job of approximating the price of bacon? What models did you try to best fit the curve? Graphs tell a story. What is your story of bacon based on your graph?