c.) Explain in practical terms the meaning of the skope of the regression line.

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter5: A Survey Of Other Common Functions
Section5.6: Higher-degree Polynomials And Rational Functions
Problem 1TU: The following fictitious table shows kryptonite price, in dollar per gram, t years after 2006. t=...
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Please can you include labels and units on either axis in part C. Thank you.

Problem 1 - $3.4 Facebook Users in Australia: The following table shows both current and
projected data on the mumber, in millions, of Facebook users in Australia.
t= years F = number of Facebook users (millions)
since
2012
9.2
10.0
2
10.8
3
11.7
4
12.6
13.2
6
13.8
a.) Find the equation of the regression line.
Regression equation is
F =9.2571+0.7857t.
Transcribed Image Text:Problem 1 - $3.4 Facebook Users in Australia: The following table shows both current and projected data on the mumber, in millions, of Facebook users in Australia. t= years F = number of Facebook users (millions) since 2012 9.2 10.0 2 10.8 3 11.7 4 12.6 13.2 6 13.8 a.) Find the equation of the regression line. Regression equation is F =9.2571+0.7857t.
b.) Plot the data and the regression line on the same coordinate axes.
c.) Explain in practical terms the meaning of the skope of the regression line.
B/
IS
14
13
y= 0.7857x + 9.2571
12
10
8.
4 5 6 7
C/
The number of Facebook users increases by 0.7857 million for one year increase in number of years.
Transcribed Image Text:b.) Plot the data and the regression line on the same coordinate axes. c.) Explain in practical terms the meaning of the skope of the regression line. B/ IS 14 13 y= 0.7857x + 9.2571 12 10 8. 4 5 6 7 C/ The number of Facebook users increases by 0.7857 million for one year increase in number of years.
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