Question: Find the required linear model using least-squares regression.The following table shows the number of operating federal credit unions in a certain country for several years.
Find the required linear model using least-squares regression.The following table shows the number of operating federal credit unions in a certain country for several years.
| Year | 2011 | 2012 | 2013 | 2014 | 2015 |
|---|---|---|---|---|---|
| Number of federal credit unions | 4477 | 4307 | 4142 | 3962 | 3798 |
(a) Find a linear model for these data with
x=11corresponding to the year 2011.
(b) Assuming the trend continues, estimate the number of federal credit unions in the year
2017.
a) the linea model for these data is y=( ) x+( )
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
