Determining quadratic regression model for per capita

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Reference no: EM1316779

a) Let independent variable x represent years since 1950. Determine quadratic regression model for per capita cigarette consumption.

b) If per capita cigarette consumption continues to follow trend exhibited, when (to the nearest year) will per capita consumption drop to 500 cigarettes?

(C) What does your model forecast for per capita cigarette consumption in year 2000? Use Internet or library to compare your forecasted results with actual results.

TABLE Cigarette Consumption
Production		Per Capita
Year	(Billions)	Annual Consumption
1950	370	3,550
1955	396	3,600
1960	484	4,170
1965	529	4,260
1970	537	3,990
1975	607	4,120
1980	632	3,850
1985	594	3,370
1990	525	2,830
1995	487	2,520

Reference no: EM1316779

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