The table below shows total expenditures for colleges and universities in millions of dollars. All data are in current dollars.Year19701980199020002010Expenditures21,02356,964134,626236,774463,700Estimate expenditures in 2015. million dollarsExplain your reasoning.

Least square regression line is the best method for estimation (or) prediction. The prediction can…

Answered: The table below shows total…

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015

1st Edition

ISBN:9781680331141

Author:HOUGHTON MIFFLIN HARCOURT

Publisher:HOUGHTON MIFFLIN HARCOURT

Chapter11: Data Analysis And Displays

Section: Chapter Questions

Problem 9CT

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Year	1970	1980	1990	2000	2010
Expenditures	21,023	56,964	134,626	236,774	463,700

The table below shows total expenditures for colleges and universities in millions of dollars. All data are in current dollars. Year 1970 1980 1990 2000 2010 Expenditures 21,023 56,964 134,626 236,774 463,700 Estimate expenditures in 2015. million dollars Explain your reasoning.