Question: a.) Enter the data into your graphing calculator and create a scatterplot. Draw a sketch of it here. b.) What type of function would be
a.) Enter the data into your graphing calculator and create a scatterplot. Draw a sketch of it here. b.) What type of function would be best for modeling this data? Why? c.) Determine the appropriate regression equation for the data set. Write the equation here. d.) What is the correlation coefficient? What does this mean for the data? e.) Use the regression equation to estimate the number of banks in the year 1980. f.) Use the regression equation to estimate the year when the number of banks is 6
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