Finite Mathematics with Applications In the Management, Natural, and Social Sciences (12th Edition)
12th Edition
ISBN: 9780134767611
Author: Margaret L. Lial, Tom Hungerford, John P. Holcomb, Bernadette Mullins
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Concept explainers
Textbook Question
Chapter 2.3, Problem 15E
In Exercises 15-18 find the required linear model using leastssquares regression. (See Examples 3-6.)
Credit Unions Use the data on the number of federal credits in Exercise 13.
(a) Find a linear model for these data with x=11 corresponding to the year 2011.
(b) Assuming the trend continues, estimate the number of federal credit unions in the year 2018.
Exercise 13: Credit Unions The following table shows the number of operating federal credit unions in United states for several years.
Year | 2011 | 2012 | 2013 | 2014 | 2015 |
Number of federal credit unions | 4444 | 4268 | 4100 | 3924 | 3762 |
Let
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionChapter 2 Solutions
Finite Mathematics with Applications In the Management, Natural, and Social Sciences (12th Edition)
Ch. 2.1 - Checkpoint Locate (1,6),(3,5),(4,3),(0,2),and(5,0)...Ch. 2.1 - Checkpoint Which of the following are solutions of...Ch. 2.1 - Prob. 3CPCh. 2.1 - Prob. 4CPCh. 2.1 - Checkpoint From Figure 2.7 determine when the S&P...Ch. 2.1 - Prob. 6CPCh. 2.1 - Prob. 7CPCh. 2.1 - Prob. 8CPCh. 2.1 - Prob. 1ECh. 2.1 - State the quadrant in which each point lies....
Ch. 2.1 - Prob. 3ECh. 2.1 - Prob. 4ECh. 2.1 - Prob. 5ECh. 2.1 - Prob. 6ECh. 2.1 - Prob. 7ECh. 2.1 - Prob. 8ECh. 2.1 - Prob. 9ECh. 2.1 - Prob. 10ECh. 2.1 - Prob. 11ECh. 2.1 - Prob. 12ECh. 2.1 - Prob. 13ECh. 2.1 - Prob. 14ECh. 2.1 - Prob. 15ECh. 2.1 - Prob. 16ECh. 2.1 - Prob. 17ECh. 2.1 - Prob. 18ECh. 2.1 - Prob. 19ECh. 2.1 - Prob. 20ECh. 2.1 - Find the x-intercepts and y-intercepts of the...Ch. 2.1 - Prob. 22ECh. 2.1 - Prob. 23ECh. 2.1 - Find the x-intercepts and y-intercepts of the...Ch. 2.1 - Prob. 25ECh. 2.1 - Prob. 26ECh. 2.1 - Prob. 27ECh. 2.1 - Prob. 28ECh. 2.1 - Sketch the graph of the equation. See Examples...Ch. 2.1 - Prob. 30ECh. 2.1 - Prob. 31ECh. 2.1 - Prob. 32ECh. 2.1 - Prob. 33ECh. 2.1 - Prob. 34ECh. 2.1 - Sketch the graph of the equation. See Examples...Ch. 2.1 - Prob. 36ECh. 2.1 - Prob. 37ECh. 2.1 - Prob. 38ECh. 2.1 - Sketch the graph of the information in the...Ch. 2.1 - Prob. 40ECh. 2.1 - ATM Fees An article in The Wall Street Journal on...Ch. 2.1 - Prob. 42ECh. 2.1 - Prob. 43ECh. 2.1 - ATM Fees An article in The Wall Street Journal on...Ch. 2.1 - Prob. 45ECh. 2.1 - Prob. 46ECh. 2.1 - Prob. 47ECh. 2.1 - Prob. 48ECh. 2.1 - Prob. 49ECh. 2.1 - Prob. 50ECh. 2.1 - Prob. 51ECh. 2.1 - Prob. 52ECh. 2.1 - Prob. 53ECh. 2.1 - Prob. 54ECh. 2.1 - Prob. 55ECh. 2.1 - Prob. 56ECh. 2.1 - Prob. 57ECh. 2.1 - Prob. 58ECh. 2.1 - Prob. 59ECh. 2.1 - Prob. 60ECh. 2.1 - Prob. 61ECh. 2.1 - Prob. 62ECh. 2.1 - Prob. 63ECh. 2.1 - Prob. 64ECh. 2.1 - Prob. 65ECh. 2.1 - Prob. 66ECh. 2.1 - Prob. 67ECh. 2.1 - Prob. 68ECh. 2.1 - Use a graphing calculator for Exercises 69-70....Ch. 2.1 - Prob. 70ECh. 2.1 - Prob. 71ECh. 2.1 - Prob. 72ECh. 2.1 - Prob. 73ECh. 2.1 - Prob. 74ECh. 2.1 - Prob. 75ECh. 2.1 - Use a graphing calculator to approximate all real...Ch. 2.2 - Prob. 1CPCh. 2.2 - Prob. 2CPCh. 2.2 - Find the slope and y-intercept of a x+4y=6; b...Ch. 2.2 - Prob. 4CPCh. 2.2 - Prob. 5CPCh. 2.2 - Prob. 6CPCh. 2.2 - Prob. 7CPCh. 2.2 - Prob. 8CPCh. 2.2 - Prob. 9CPCh. 2.2 - Prob. 1ECh. 2.2 - Prob. 2ECh. 2.2 - Prob. 3ECh. 2.2 - Prob. 4ECh. 2.2 - Prob. 5ECh. 2.2 - Prob. 6ECh. 2.2 - Prob. 7ECh. 2.2 - Prob. 8ECh. 2.2 - Prob. 9ECh. 2.2 - Prob. 10ECh. 2.2 - Prob. 11ECh. 2.2 - Prob. 12ECh. 2.2 - Prob. 13ECh. 2.2 - Prob. 14ECh. 2.2 - Prob. 15ECh. 2.2 - Prob. 16ECh. 2.2 - Prob. 17ECh. 2.2 - Prob. 18ECh. 2.2 - Prob. 19ECh. 2.2 - Prob. 20ECh. 2.2 - Prob. 21ECh. 2.2 - Prob. 22ECh. 2.2 - Prob. 23ECh. 2.2 - Prob. 24ECh. 2.2 - Prob. 25ECh. 2.2 - Prob. 26ECh. 2.2 - Prob. 27ECh. 2.2 - Prob. 28ECh. 2.2 - Prob. 29ECh. 2.2 - Prob. 30ECh. 2.2 - Prob. 31ECh. 2.2 - Prob. 32ECh. 2.2 - Prob. 33ECh. 2.2 - Prob. 34ECh. 2.2 - Prob. 35ECh. 2.2 - Prob. 36ECh. 2.2 - Prob. 37ECh. 2.2 - Prob. 38ECh. 2.2 - Prob. 39ECh. 2.2 - Prob. 40ECh. 2.2 - Prob. 41ECh. 2.2 - Prob. 42ECh. 2.2 - Prob. 43ECh. 2.2 - Prob. 44ECh. 2.2 - Prob. 45ECh. 2.2 - Prob. 46ECh. 2.2 - Prob. 47ECh. 2.2 - Prob. 48ECh. 2.2 - Prob. 49ECh. 2.2 - Prob. 50ECh. 2.2 - Prob. 51ECh. 2.2 - Prob. 52ECh. 2.2 - Prob. 53ECh. 2.2 - Prob. 54ECh. 2.2 - Prob. 55ECh. 2.2 - Prob. 56ECh. 2.2 - Prob. 57ECh. 2.2 - Prob. 58ECh. 2.2 - Prob. 59ECh. 2.2 - Prob. 60ECh. 2.2 - Prob. 61ECh. 2.2 - Prob. 62ECh. 2.2 - Prob. 63ECh. 2.2 - Prob. 64ECh. 2.2 - Prob. 65ECh. 2.2 - Prob. 66ECh. 2.2 - Prob. 67ECh. 2.2 - Light Beer Sales Data from the Wall Street Journal...Ch. 2.2 - Light Beer Sales Data from the Wall Street Journal...Ch. 2.2 - Light Beer Sales Data from the Wall Street Journal...Ch. 2.2 - Global Malaria Cases Data from the Wall Street...Ch. 2.2 - Prob. 72ECh. 2.2 - Global Malaria Cases Data from the Wall Street...Ch. 2.2 - Prob. 74ECh. 2.2 - Prob. 75ECh. 2.2 - Prob. 76ECh. 2.2 - Luxury Handbags Michael Kors now dominates the...Ch. 2.2 - Cocoa Production In 2005, global cocoa bean...Ch. 2.2 - Prob. 79ECh. 2.2 - Employee Health Costs In the year 2010, the...Ch. 2.3 - Checkpoint 1 Full-Time Faculty Members The number...Ch. 2.3 - Prob. 2CPCh. 2.3 - Prob. 3CPCh. 2.3 - Prob. 4CPCh. 2.3 - Checkpoint 5 Using only the data from 2010 and...Ch. 2.3 - Temperature The following table shows equivalent...Ch. 2.3 - Prob. 2ECh. 2.3 - Prob. 3ECh. 2.3 - Prob. 4ECh. 2.3 - Prob. 5ECh. 2.3 - Prob. 6ECh. 2.3 - Prob. 7ECh. 2.3 - Prob. 8ECh. 2.3 - In each of the next set of problems, assume that...Ch. 2.3 - Prob. 10ECh. 2.3 - Prob. 11ECh. 2.3 - In each of the next two problems, two linear...Ch. 2.3 - Prob. 13ECh. 2.3 - Prob. 14ECh. 2.3 - In Exercises 15-18 find the required linear model...Ch. 2.3 - Prob. 16ECh. 2.3 - Prob. 17ECh. 2.3 - Prob. 18ECh. 2.3 - Street and Highway Construction The total amount...Ch. 2.3 - Prob. 20ECh. 2.3 - Prob. 21ECh. 2.3 - Life Expectancy The following table shows mens and...Ch. 2.4 - a First multiply both sides of -6-1 by 4, and then...Ch. 2.4 - Prob. 2CPCh. 2.4 - Solve these inequalities. Graph each solution. a...Ch. 2.4 - Prob. 4CPCh. 2.4 - Prob. 5CPCh. 2.4 - Prob. 6CPCh. 2.4 - Prob. 7CPCh. 2.4 - Prob. 8CPCh. 2.4 - Prob. 9CPCh. 2.4 - Prob. 1ECh. 2.4 - Prob. 2ECh. 2.4 - Prob. 3ECh. 2.4 - Prob. 4ECh. 2.4 - Prob. 5ECh. 2.4 - Prob. 6ECh. 2.4 - Prob. 7ECh. 2.4 - Prob. 8ECh. 2.4 - Prob. 9ECh. 2.4 - Prob. 10ECh. 2.4 - Prob. 11ECh. 2.4 - Prob. 12ECh. 2.4 - Solve each inequality and graph each solution. See...Ch. 2.4 - Prob. 14ECh. 2.4 - Solve each inequality and graph each solution. See...Ch. 2.4 - Prob. 16ECh. 2.4 - Prob. 17ECh. 2.4 - Prob. 18ECh. 2.4 - Solve each inequality and graph each solution. See...Ch. 2.4 - Prob. 20ECh. 2.4 - Prob. 21ECh. 2.4 - Prob. 22ECh. 2.4 - Prob. 23ECh. 2.4 - Prob. 24ECh. 2.4 - Prob. 25ECh. 2.4 - Prob. 26ECh. 2.4 - Prob. 27ECh. 2.4 - Prob. 28ECh. 2.4 - Solve each inequality and graph each solution. See...Ch. 2.4 - Prob. 30ECh. 2.4 - Prob. 31ECh. 2.4 - Prob. 32ECh. 2.4 - Prob. 33ECh. 2.4 - Prob. 34ECh. 2.4 - Prob. 35ECh. 2.4 - Prob. 36ECh. 2.4 - Prob. 37ECh. 2.4 - Prob. 38ECh. 2.4 - Prob. 39ECh. 2.4 - Prob. 40ECh. 2.4 - Prob. 41ECh. 2.4 - Prob. 42ECh. 2.4 - Prob. 43ECh. 2.4 - Prob. 44ECh. 2.4 - Prob. 45ECh. 2.4 - Solve each inequality. Graph each solution. See...Ch. 2.4 - Prob. 47ECh. 2.4 - Prob. 48ECh. 2.4 - Temperature The given inequality describes the...Ch. 2.4 - Prob. 50ECh. 2.4 - Prob. 51ECh. 2.4 - Prob. 52ECh. 2.4 - Prob. 53ECh. 2.4 - Social Science A Gallup poll in January 2017 found...Ch. 2.4 - Prob. 55ECh. 2.4 - Prob. 56ECh. 2.5 - Solve each inequality. Graph the solution on the...Ch. 2.5 - Prob. 2CPCh. 2.5 - Prob. 3CPCh. 2.5 - Prob. 4CPCh. 2.5 - Solve each inequality. a 3x-24 b p1-p3 c Why is 2...Ch. 2.5 - Prob. 6CPCh. 2.5 - Prob. 7CPCh. 2.5 - Prob. 1ECh. 2.5 - Prob. 2ECh. 2.5 - Prob. 3ECh. 2.5 - Solve each of these quadratic inequalities. Graph...Ch. 2.5 - Prob. 5ECh. 2.5 - Prob. 6ECh. 2.5 - Solve each of these quadratic inequalities. Graph...Ch. 2.5 - Prob. 8ECh. 2.5 - Prob. 9ECh. 2.5 - Prob. 10ECh. 2.5 - Prob. 11ECh. 2.5 - Prob. 12ECh. 2.5 - Prob. 13ECh. 2.5 - Solve these inequalities. See Example 4. p3-25p0Ch. 2.5 - Prob. 15ECh. 2.5 - Prob. 16ECh. 2.5 - Prob. 17ECh. 2.5 - Prob. 18ECh. 2.5 - Solve these inequalities. See Example 4. 6k3-5k24kCh. 2.5 - Prob. 20ECh. 2.5 - Prob. 21ECh. 2.5 - Prob. 22ECh. 2.5 - Prob. 23ECh. 2.5 - Prob. 24ECh. 2.5 - Prob. 25ECh. 2.5 - Prob. 26ECh. 2.5 - Prob. 27ECh. 2.5 - Prob. 28ECh. 2.5 - Prob. 29ECh. 2.5 - Prob. 30ECh. 2.5 - Prob. 31ECh. 2.5 - Solve these rational inequalities. See Examples 7...Ch. 2.5 - Prob. 33ECh. 2.5 - Prob. 34ECh. 2.5 - Prob. 35ECh. 2.5 - Prob. 36ECh. 2.5 - Prob. 37ECh. 2.5 - Prob. 38ECh. 2.5 - Use a graphing calculator to solve these...Ch. 2.5 - Use a graphing calculator to solve these...Ch. 2.5 - Profit An analyst has found that her companys...Ch. 2.5 - Prob. 42ECh. 2.5 - Prob. 43ECh. 2.5 - Prob. 44ECh. 2.CR - Prob. 1CRCh. 2.CR - Prob. 2CRCh. 2.CR - Sketch the graph of each equation. 5x3y=15Ch. 2.CR - Prob. 4CRCh. 2.CR - Sketch the graph of each equation. y+3=0Ch. 2.CR - Prob. 6CRCh. 2.CR - Prob. 7CRCh. 2.CR - Prob. 8CRCh. 2.CR - Prob. 9CRCh. 2.CR - Prob. 10CRCh. 2.CR - Prob. 11CRCh. 2.CR - Prob. 12CRCh. 2.CR - Prob. 13CRCh. 2.CR - Prob. 14CRCh. 2.CR - Prob. 15CRCh. 2.CR - Prob. 16CRCh. 2.CR - Prob. 17CRCh. 2.CR - Prob. 18CRCh. 2.CR - Prob. 19CRCh. 2.CR - Prob. 20CRCh. 2.CR - Prob. 21CRCh. 2.CR - Prob. 22CRCh. 2.CR - Prob. 23CRCh. 2.CR - Prob. 24CRCh. 2.CR - Prob. 25CRCh. 2.CR - Prob. 26CRCh. 2.CR - Prob. 27CRCh. 2.CR - Prob. 28CRCh. 2.CR - Prob. 29CRCh. 2.CR - Prob. 30CRCh. 2.CR - Prob. 31CRCh. 2.CR - Prob. 32CRCh. 2.CR - Prob. 33CRCh. 2.CR - Prob. 34CRCh. 2.CR - Prob. 35CRCh. 2.CR - Prob. 36CRCh. 2.CR - Two-Year School Tuition The following table shows...Ch. 2.CR - Four-Year School Tuition The following table shows...Ch. 2.CR - Prob. 39CRCh. 2.CR - Prob. 40CRCh. 2.CR - Prob. 41CRCh. 2.CR - Prob. 42CRCh. 2.CR - Prob. 43CRCh. 2.CR - Prob. 44CRCh. 2.CR - Prob. 45CRCh. 2.CR - Prob. 46CRCh. 2.CR - Prob. 47CRCh. 2.CR - Prob. 48CRCh. 2.CR - Prob. 49CRCh. 2.CR - Prob. 50CRCh. 2.CR - Prob. 51CRCh. 2.CR - Prob. 52CRCh. 2.CR - Prob. 53CRCh. 2.CR - Prob. 54CRCh. 2.CR - Prob. 55CRCh. 2.CR - Prob. 56CRCh. 2.CR - Prob. 57CRCh. 2.CR - Prob. 58CRCh. 2.CR - Prob. 59CRCh. 2.CR - Prob. 60CRCh. 2.CR - Prob. 61CRCh. 2.CR - Prob. 62CRCh. 2.CR - Prob. 63CRCh. 2.CR - Prob. 64CRCh. 2.CR - Prob. 65CRCh. 2.CR - Prob. 66CR
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, subject and related others by exploring similar questions and additional content below.Similar questions
- Life Expectancy The following table shows the average life expectancy, in years, of a child born in the given year42 Life expectancy 2005 77.6 2007 78.1 2009 78.5 2011 78.7 2013 78.8 a. Find the equation of the regression line, and explain the meaning of its slope. b. Plot the data points and the regression line. c. Explain in practical terms the meaning of the slope of the regression line. d. Based on the trend of the regression line, what do you predict as the life expectancy of a child born in 2019? e. Based on the trend of the regression line, what do you predict as the life expectancy of a child born in 1580?2300arrow_forwardHOW DO YOU SEE IT? Discuss how well a linear model approximates the data shown in each scatter plot.arrow_forward
Recommended textbooks for you
- Functions and Change: A Modeling Approach to Coll...AlgebraISBN:9781337111348Author:Bruce Crauder, Benny Evans, Alan NoellPublisher:Cengage LearningAlgebra and Trigonometry (MindTap Course List)AlgebraISBN:9781305071742Author:James Stewart, Lothar Redlin, Saleem WatsonPublisher:Cengage LearningBig Ideas Math A Bridge To Success Algebra 1: Stu...AlgebraISBN:9781680331141Author:HOUGHTON MIFFLIN HARCOURTPublisher:Houghton Mifflin Harcourt
Functions and Change: A Modeling Approach to Coll...
Algebra
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Cengage Learning
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:Cengage Learning
Big Ideas Math A Bridge To Success Algebra 1: Stu...
Algebra
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:Houghton Mifflin Harcourt
Correlation Vs Regression: Difference Between them with definition & Comparison Chart; Author: Key Differences;https://www.youtube.com/watch?v=Ou2QGSJVd0U;License: Standard YouTube License, CC-BY
Correlation and Regression: Concepts with Illustrative examples; Author: LEARN & APPLY : Lean and Six Sigma;https://www.youtube.com/watch?v=xTpHD5WLuoA;License: Standard YouTube License, CC-BY