Table 1.24 shows the population of New York State for several years. Let x = 0 represent
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Table 1.24 shows the population of New York State for several years. Let x = 0 represent 1980, x = 1 represent 1981, and so forth.
(a) Find the exponential regression equation for the data and superimpose its graph on a scatter plot of the data.
(b) Use the regression equation to predict the population in 2003. How close is the estimate to the actual number in 2003 of 19,190 thousand?
(c) Use the exponential regression equation to estimate the annual rate of growth of the population of New York State.
Transcribed Image Text:
Table 1.24 Population of New York State Year Population (thousands) 1980 17,558 1990 17,991 1995 18,524 1998 18,756 1999 18,883 2000 18,977
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Solution a Since x 3 represents 1983 the exponential regression equation for the data is where ...View the full answer
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Related Book For
Calculus Graphical, Numerical, Algebraic
ISBN: 9780132014083
3rd Edition
Authors: Ross L. Finney, Franklin D. Demana, Bert K. Waits, Daniel Kennedy
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