The percentage of adults in the labor force ages 65 or older who are still working has risen since 1990. The table below shows the data from 1990 to 2007. Let x represent the number of years since 1990 a. Plot the data points. b. Find the linear regression equation of the line of best fit for the data. c. What does the slope of this line indicate in this situation? d. If the percentage continues to increase at the same rate, predict the percent of the labor force that is 65 years old or older in the year 2027. Year % of Labor Force 1990 11.6% 1995 12.2% 2000 12.9% 2005 14 2% 2007 15 6% a. Choose the correct plot below. OB. OC. O A. 1-5, 20, 1] by 18. 17 1) [8. 17, 1] by (- 5, 20, 1] [-5, 20, 1] by [8, 17, 1] Clear all
The percentage of adults in the labor force ages 65 or older who are still working has risen since 1990. The table below shows the data from 1990 to 2007. Let x represent the number of years since 1990 a. Plot the data points. b. Find the linear regression equation of the line of best fit for the data. c. What does the slope of this line indicate in this situation? d. If the percentage continues to increase at the same rate, predict the percent of the labor force that is 65 years old or older in the year 2027. Year % of Labor Force 1990 11.6% 1995 12.2% 2000 12.9% 2005 14 2% 2007 15 6% a. Choose the correct plot below. OB. OC. O A. 1-5, 20, 1] by 18. 17 1) [8. 17, 1] by (- 5, 20, 1] [-5, 20, 1] by [8, 17, 1] Clear all
Chapter3: Polynomial Functions
Section: Chapter Questions
Problem 18T
Related questions
Question
![The percentage of adults in the labor force ages 65 or older who are still working has risen since 1990. The table below shows the data from 1990 to 2007, Let x represent the number of years since 1990
a. Plot the data points.
b. Find the linear regression equation of the line of best fit for the data.
c. What does the slope of this line indicate in this situation?
d. If the percentage continues to increase at the same rate, predict the percent of the labor force that is 65 years old or older in the year 2027.
Year
% of Labor Force
1990
11.6%
1995
12.2%
2000
12.9%
2005
14.2%
2007
15 6%
a. Choose the correct plot below.
O A.
OB.
OC.
1-5, 20, 1] by (8. 17. 1)
[8. 17, 1) by (-5, 20, 1]
[-5, 20, 1] by [8, 17, 1]
Clear all
Print
View an example
659
Help me solve this
A D E 11/13/
57°F
%23
O Type here to search](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4f0452f8-f2f7-42f1-8bfa-fa07a86e4d1a%2Fded30147-6862-4c88-bf49-1b97232e56e7%2F6uit4e_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The percentage of adults in the labor force ages 65 or older who are still working has risen since 1990. The table below shows the data from 1990 to 2007, Let x represent the number of years since 1990
a. Plot the data points.
b. Find the linear regression equation of the line of best fit for the data.
c. What does the slope of this line indicate in this situation?
d. If the percentage continues to increase at the same rate, predict the percent of the labor force that is 65 years old or older in the year 2027.
Year
% of Labor Force
1990
11.6%
1995
12.2%
2000
12.9%
2005
14.2%
2007
15 6%
a. Choose the correct plot below.
O A.
OB.
OC.
1-5, 20, 1] by (8. 17. 1)
[8. 17, 1) by (-5, 20, 1]
[-5, 20, 1] by [8, 17, 1]
Clear all
Print
View an example
659
Help me solve this
A D E 11/13/
57°F
%23
O Type here to search
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
Recommended textbooks for you
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning