Determining confidence interval for estimating dtata

Reference no: EM1314075

Use data given to find out whether or not there is linear relation between us national health expenditures as percent of gross domestic product and time.

YEAR	% GDP
1960	5.1
1970	7
1980	8.8
1990	12
1995	13.4
1997	13.1
1998	13.2
1999	13.2
2000	13.3
2001	14.1
2002	14.9

i) What is your forecasted value for national health expenditures as percent of GDP for 2010? Determine the 95% confidence interval for your estimate what data have you utilized as the basis of your predictions what suppositions have you made.

Reference no: EM1314075

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