Regression line equation not checked, but looks OKOriginally Posted by jccurtis
The last calculation should go more like:
According to the US Bureau of the Census, Statistical Abstract of the United States, 1994, the population of the state of Wisconsin in thousands is as given in the table below:
Lex x represent the number of years since 1970.
1) Find the equation of the line representing this relationship using linear regression.
y=226.76X + 7367
2) Use this equation to predict the population of Wisconsin in the year 2010.
Let me know if I am way off here please
Since population tend to grow exponentially, I'd use EXP to estimate the population in 2010 instead of linear regression...
LastData = FirstDate*Exp(Tr)
14102 = 7432*EXP(4r)
So the average growth rate for every 10 years is 16% and the population in 2010 should be somewhere around:
Pop_2010 = 7432*Exp(5*0.16)
Pop_2010 = 16551
1. The data when plotted show no sign of exponential growth, so despiteOriginally Posted by cmart022
the growth of populations when not constrained usually being modelled
this way there is no need here. But there is no reason why not except:-
2. The question asks for a linear fit.
3. You are using only two of the data points. If you are going for an
exponential model you should do a non-linear regression (or linear regression
on the log population) using all the data (as this is an exercises in regression).