Interpreting the slope of the linear regression line

Reference no: EM131801546

Question: World population the table gives the actual or projected world population in billions for selected years from 2000 to 2050.

(a) Use linear regression to find the linear equation that is the best fit for the data, with x equal to the number of years past 2000.

(b) Use the equation to estimate the population in 2012.

Reference no: EM131801546

Questions Cloud

Parts of the state or country are called : Teams that have members located in various parts of the state or country are called? Virtual or Co-located or Viral or Home based workers

Compute what is the internal rate of return : Keira Knightley Company buys a piece of equipment for $36,442 that will last for 7 years. Compute what is the internal rate of return?

Important things a manager does : What do you think are the most important things a manager does? Is how a manager does these things also important? Why or why not?

How individuals used mobile technology and networks : Social media provides organizations with a powerful tool to establish brands, create buzz about products, and build customer loyalty.

Interpreting the slope of the linear regression line : World population the table gives the actual or projected world population in billions for selected years from 2000 to 2050.

Prepare the stockholders equity section of preston : Preston Sporting Goods is authorized to issue 14,000 shares of common stock. Prepare the stockholders' equity section of Preston.

Supervise all financial firms in a way which makes : “We intend to supervise all financial firms in a way which makes it materially less likely that they will, collectively or individually

Create a balance sheet for events and transactions : Create a balance sheet for the following items, Events and transactions

What will be george and marthas child tax credit : George and Martha are married and file a joint return claiming their two children, ages 10 and 8. What will be George and Martha's 2016 child tax credit?

User Account

All Pages