Question: I determined the regression equation for the data table below is : y = -0.1126x + 239.47 Using this formula and excel, I estimated the

I determined the regression equation for the data table below is : y = -0.1126x + 239.47

Using this formula and excel, I estimated the expected birthrates for the following years: 1978, 2012, and 2050.

1978 = 16.74

2012=12.9188

2050= 8.64

1)Are my forecasts accurate?

2)The 1978 actual result was 15. How much was the residue for this year?

3) How much faith should I put into the 2012 and 2050 predictions?

The table below shows the number of live births per 1000 women aged 15-44 years in the United States, starting in 1965 (National Center for Health Statistics)

Year Birthrate
1965 19.4
1970 18.4
1975 14.8
1980 15.9
1985 15.6
1990 16.4
1995 14.8
2000 14.4
2005 14.0
2010 13.0

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