the following numbers give the population of a town for the years 2000-2009:
[2000: 1605; 2001, 1728; 2002, 1776; 2003, 1903; 2004, 2072; 2005, 2050; 2006, 2141; 2007, 2150; 2008, 2318; 2009, 2363]
a. make a scatter plot and draw the line of best fit, then find the equation of the line of best fit, show and explain your work.
b. describe what the slope of the line of best fit represents.
c.use the equation to predict the population in the year 2013. show your work.

Question

the following numbers give the population of a town for the years 2000-2009:
[2000: 1605; 2001, 1728; 2002, 1776; 2003, 1903; 2004, 2072; 2005, 2050; 2006, 2141; 2007, 2150; 2008, 2318; 2009, 2363]
a. make a scatter plot and draw the line of best fit, then find the equation of the line of best fit, show and explain your work.
b. describe what the slope of the line of best fit represents.
c.use the equation to predict the population in the year 2013. show your work.

helder_edwin · Answer

for the scatter plot u can use either EXCEL or any statistics software (e-views or stata)