Regression The table below shows the value, V, of an investment (in dollars) n years after 1987. 71 1 3 7 V(n) 13753 12993.82 12271 12 14 11367.08 10542 Determine the linear regression equation that models the set of data above, and use this equation to answer the questions below. Round to the nearest hundredth as needed. Based on this regression model, the value of this investment was $ Question Help: Video 1 m 19 8841.65 Based on the regression model, the value of this investment is Select an answer B at a rate of $ per year. in the year 1987.

Regression The table below shows the value, V, of an investment (in dollars) n years after 1987. 71 1 3 7 V(n) 13753 12993.82 12271 12 14 11367.08 10542 Determine the linear regression equation that models the set of data above, and use this equation to answer the questions below. Round to the nearest hundredth as needed. Based on this regression model, the value of this investment was $ Question Help: Video 1 m 19 8841.65 Based on the regression model, the value of this investment is Select an answer B at a rate of $ per year. in the year 1987.

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)

6th Edition

ISBN:9781337111348

Author:Bruce Crauder, Benny Evans, Alan Noell

Publisher:Bruce Crauder, Benny Evans, Alan Noell

Chapter3: Straight Lines And Linear Functions

Section3.CR: Chapter Review Exercises

Problem 15CR: Life Expectancy The following table shows the average life expectancy, in years, of a child born in...

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Life Expectancy The following table shows the average life expectancy, in years, of a child born in the given year42 Life expectancy 2005 77.6 2007 78.1 2009 78.5 2011 78.7 2013 78.8 a. Find the equation of the regression line, and explain the meaning of its slope. b. Plot the data points and the regression line. c. Explain in practical terms the meaning of the slope of the regression line. d. Based on the trend of the regression line, what do you predict as the life expectancy of a child born in 2019? e. Based on the trend of the regression line, what do you predict as the life expectancy of a child born in 1580?2300
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What is regression analysis? Describe the process of performing regression analysis on a graphing utility.
The US. import of wine (in hectoliters) for several years is given in Table 5. Determine whether the trend appearslinear. Ifso, and assuming the trend continues, in what year will imports exceed 12,000 hectoliters?