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a) Let independent variable x represent years since 1950. Determine quadratic regression model for per capita cigarette consumption.
b) If per capita cigarette consumption continues to follow trend exhibited, when (to the nearest year) will per capita consumption drop to 500 cigarettes?
(C) What does your model forecast for per capita cigarette consumption in year 2000? Use Internet or library to compare your forecasted results with actual results.
TABLE Cigarette Consumption
Production
Per Capita
Year
(Billions)
Annual Consumption
1950
370
3,550
1955
396
3,600
1960
484
4,170
1965
529
4,260
1970
537
3,990
1975
607
4,120
1980
632
3,850
1985
594
3,370
1990
525
2,830
1995
487
2,520
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