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Government funding: The following table presents the budget (in millions of dollars) for selected organizations that received U.S. government funding for arts and culture in both 2004 and 2006. Use a TI-84 calculator to answer the following. 2004 2006 Organization National Endowment for the Humanities 135 142 National Endowment for Arts 121 124 National Gallery of Art 88 95 Kennedy Center for the Performing Arts 17 18 Commission of Fine Arts 8. Source: National Endowment for the Arts Send data to Excel Part: 0/3 Part 1 of 3 Compute the least-squares regression line for predicting the 2006 budget from the 2004 budget. Round the slope and y- intercept to at least four decimal places. Regression line equation: y = -3.0146 + 1.0734x Part: 1/3 Part 2 of 3 If two institutions have budgets that differ by 20 million dollars in 2004, by how much would you predict their budgets to differ in 2006? Round the answer to three decimal places. million dollars. In 2006, their budgets would differ by

Government funding: The following table presents the budget (in millions of dollars) for selected organizations that received U.S. government funding for arts and culture in both 2004 and 2006. Use a TI-84 calculator to answer the following. 2004 2006 Organization National Endowment for the Humanities 135 142 National Endowment for Arts 121 124 National Gallery of Art 88 95 Kennedy Center for the Performing Arts 17 18 Commission of Fine Arts 8. Source: National Endowment for the Arts Send data to Excel Part: 0/3 Part 1 of 3 Compute the least-squares regression line for predicting the 2006 budget from the 2004 budget. Round the slope and y- intercept to at least four decimal places. Regression line equation: y = -3.0146 + 1.0734x Part: 1/3 Part 2 of 3 If two institutions have budgets that differ by 20 million dollars in 2004, by how much would you predict their budgets to differ in 2006? Round the answer to three decimal places. million dollars. In 2006, their budgets would differ by

Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter2: Systems Of Linear Equations
Section2.4: Applications
Problem 28EQ
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Government funding: The following table presents the budget (in millions of dollars) for selected organizations that received U.S. government funding for arts and culture in both 2004 and 2006. Use a TI-84 calculator to answer the following. 2004 2006 Organization National Endowment for the Humanities 135 142 National Endowment for Arts 121 124 National Gallery of Art 88 95 Kennedy Center for the Performing Arts 17 18 Commission of Fine Arts 8. 2. Source: National Endowment for the Arts Send data to Excel Part: 0/3 Part 1 of 3 Compute the least-squares regression line for predicting the 2006 budget from the 2004 budget. Round the slope and y- intercept to at least four decimal places. Regression line equation: y = -3.0146 + 1.0734x Part: 1/3 Part 2 of 3 If two institutions have budgets that differ by 20 million dollars in 2004, by how much would you predict their budgets to differ in 2006? Round the answer to three decimal places. million dollars. In 2006, their budgets would differ by
Transcribed Image Text:Government funding: The following table presents the budget (in millions of dollars) for selected organizations that received U.S. government funding for arts and culture in both 2004 and 2006. Use a TI-84 calculator to answer the following. 2004 2006 Organization National Endowment for the Humanities 135 142 National Endowment for Arts 121 124 National Gallery of Art 88 95 Kennedy Center for the Performing Arts 17 18 Commission of Fine Arts 8. 2. Source: National Endowment for the Arts Send data to Excel Part: 0/3 Part 1 of 3 Compute the least-squares regression line for predicting the 2006 budget from the 2004 budget. Round the slope and y- intercept to at least four decimal places. Regression line equation: y = -3.0146 + 1.0734x Part: 1/3 Part 2 of 3 If two institutions have budgets that differ by 20 million dollars in 2004, by how much would you predict their budgets to differ in 2006? Round the answer to three decimal places. million dollars. In 2006, their budgets would differ by
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