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The equation of line is y = 92x – 182631. The slope is 92 and the y-intercept is the negative 182631. And the health expenditure in 2010 will be 2289.
<h3>What is the equation of a line passing through two points?</h3>Suppose the given points are (x₁, y₁) and (x₂, y₂), then the equation of the straight line joining both two points is given by
In MODE, (second line), fix the number of decimal places to be 2.
Then the slope and the y-intercept values of the Lin Reg line will round to the nearest hundredth.
(x₁, y₁) → (1997, 1093)
(x₂, y₂) → (2002, 1553)
Then we have
y – 1093 = [(1553 – 1093) / (2002 – 1997)] (x – 1997)
y – 1093 = [460 / 5] (x – 1997)
y – 1093 = 92 (x – 1997)
y = 92x – 182631
If x = 2010, then the value of y will be
y = 92 × 2010 – 182631
y = 184920 – 192631
y = 2289
Learn more about straight-line equations here:
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Answer:
Reject H0 since test statistic <-2.492
Step-by-step explanation:
Given that the American Water Works Association reports that the per capita water use in a single-family home is 74 gallons per day.
n = 25
x bar = 69
s= 8.3
std error = s/sqrt n =
H0:
Ha:
(Left tailed test at 5% significance level)
a) Reject H0 if t-2.492
b) Test statistic = mean difference/std error
=
=-3.01
df =24
c) Reject H0