Stats: Modeling the World Nasta Edition Grades 9-12
Stats: Modeling the World Nasta Edition Grades 9-12
3rd Edition
ISBN: 9780131359581
Author: David E. Bock, Paul F. Velleman, Richard D. De Veaux
Publisher: PEARSON
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Chapter 10, Problem 12E
To determine

To Explain: that it can be made linear with a re-expression.

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Explanation of Solution

Given:

  Stats: Modeling the World Nasta Edition Grades 9-12, Chapter 10, Problem 12E

by seeing the plot, it is observed that is showing the 3 months Treasury bill interest rates. It is showing an erratic trend between variables. This is positive between 1950 years to 1980 years and after it is negative. Re-expression should not be tried the reason is that this is type of trend. It could not be straightened by re-expression.

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