Directions: Construct a Regression Model for the following data. Years (after 2000) Dollars 9 8175 10 8428 8996 9255 12 13 U.S. Per Capita Health Care Expenditures 1. State your regression model (least-squares line). y y 2. Use your model to predict the per capita health care expenditures for the year 2015. = = 0 dollars 3. Use your model to predict when per capita health care expenditures will reach $13, 000.
Directions: Construct a Regression Model for the following data. Years (after 2000) Dollars 9 8175 10 8428 8996 9255 12 13 U.S. Per Capita Health Care Expenditures 1. State your regression model (least-squares line). y y 2. Use your model to predict the per capita health care expenditures for the year 2015. = = 0 dollars 3. Use your model to predict when per capita health care expenditures will reach $13, 000.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 5PPS
Related questions
Question
![Directions: Construct a Regression Model for the following
data.
Years (after 2000) Dollars
9
8175
10
8428
12
8996
13
9255
U.S. Per Capita Health
Care Expenditures
1. State your regression model (least-squares line).
Y
y
=
2. Use your model to predict the per capita health care
expenditures for the year 2015.
dollars
3. Use your model to predict when per capita health care
expenditures will reach $13,000.
When x
During year
Rounding: If you do round the numbers in your work, make
sure you do it during your last step.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fcf78fbd2-9e8a-4e26-988b-8320c1d21a73%2F555abd62-24b7-4b47-8561-1bd15d26c3f2%2Fj8nib5q_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Directions: Construct a Regression Model for the following
data.
Years (after 2000) Dollars
9
8175
10
8428
12
8996
13
9255
U.S. Per Capita Health
Care Expenditures
1. State your regression model (least-squares line).
Y
y
=
2. Use your model to predict the per capita health care
expenditures for the year 2015.
dollars
3. Use your model to predict when per capita health care
expenditures will reach $13,000.
When x
During year
Rounding: If you do round the numbers in your work, make
sure you do it during your last step.
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