The table lists the average monthly cost to workers for family health insurance for various years. Average Monthly Cost to Workers for Family Year, x Health Insurance a) Use a graphing calculator to fit a regression line to the data b) Predict the average monthly cost to workers for family health insurance in 2017, and compare the value with $447.69, which is obtained using the points (1,338) and (4,385). c) Find the correlation coefficient for the regression line, and determine whether the line fits the data closely. 2009, O $298 2010, 1 2011, 2 2012, 3 2013, 4 2014, 5 338 348 365 385 408 a) The linear equation of the regression line that best models the data is y =x+ (Round to the nearest hundredth as needed.)
The table lists the average monthly cost to workers for family health insurance for various years. Average Monthly Cost to Workers for Family Year, x Health Insurance a) Use a graphing calculator to fit a regression line to the data b) Predict the average monthly cost to workers for family health insurance in 2017, and compare the value with $447.69, which is obtained using the points (1,338) and (4,385). c) Find the correlation coefficient for the regression line, and determine whether the line fits the data closely. 2009, O $298 2010, 1 2011, 2 2012, 3 2013, 4 2014, 5 338 348 365 385 408 a) The linear equation of the regression line that best models the data is y =x+ (Round to the nearest hundredth as needed.)
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.6: Exponential And Logarithmic Equations
Problem 67E
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