Estimate the number of cars in use

Assignment Help Mathematics
Reference no: EM131008711

Table Automobile Population

Year

Cars

Year

Cars

1990

193.1

2006

250.8

1995

205.4

2007

254.4

2000

225.8

2008

255.9

2005

247.4

2009

254.2

a. Use the method of least squares to obtain the straight line that best fits these data.

b. Estimate the number of cars in use in 1997.

Reference no: EM131008711

Questions Cloud

How much would you predict their hardnesses to differ : The table shows that a tire that had 30% reclaimed rubber had a hardness of 67.3. If another tire was manufactured with 30% reclaimed rubber, what would you predict its hardness to be?
Mutual fund probabilities : According to the Normal model N(0.024, 0.056) describing mutual fund returns in the 4th quarter of 2007 in Exercise 21, what percent of this group of funds would you expect to have return
Compute the fitted value and the residual for each point : Fora sample of 12 trees, the volume of lumber (in m3 ) and the diameter (in cm) at a fixed height above ground level was measured. Compute the fitted value and the residual for each point.
Study on the total number of years of experience : 1. CEOs. A business publication recently released a study on the total number of years of experience in industry among CEOs. The mean is provided in the article, but not the standard deviation. Is the standard deviation most likely to be 6 months,..
Estimate the number of cars in use : Use the method of least squares to obtain the straight line that best fits these data. Estimate the number of cars in use in 1997.
Police department of a major city : The police department of a major city needs to update its budget. For this purpose, they need to understand the variation in their fines collected from mo- torists for speeding.
Why does market efficiency matter : Why does market efficiency matter - Efficient markets: definition and Implications and behavioral finance: the challenge to efficient markets
Standard deviations of the battery life spans : Explain why you would also like to know the standard deviations of the battery life spans before deciding which brand to buy. Suppose those standard deviations are 1.5 months for the first company and 9 months for the second company. Does this chang..
How do you think she would react : If an experienced executive assistant discovered that she made the same amount of money as a newly hired janitor, how do you think she would react? What inputs and outcomes might she evaluate to make this comparison?

Reviews

Write a Review

Mathematics Questions & Answers

  Find the z value to the right of the mean

Find the z value to the right of the mean such that 85% of the total area under the standard normal distribution curve lies to the left of it?

  Calculate the mean and standard deviation of diabetic patien

Thirty-eight percent of hospital admissions for diabetic patients are related to problems with the kidneys. In a sample of 10 diabetic hospital admissions, calculate the mean and standard deviation of diabetic patients with kidney problems.

  Find the force of the water on side of the plate

a semicircular plate with a radius of 1 sticks straight down into fresh water with the diameter along the surface. Find the force of the water on side of the plate. The weight-density of water is 62.4 lb/ft^3.

  Unions and intesections on percentages

A motorcycle dealership has allocated 90% of its employees to the sales of motorcycles of which 70% of this 90% are male employees, this company has also determined that 80% of all its employees are male.

  Define how many folds does it take to reach the moon

How many folds does it take to reach the moon with a piece of paper .002 times thick when the distance of the moon is 243000 miles

  Solve the following lp problem graphically

Solve the following LP problem graphically using Excel, Solve the following LP problem graphically using Excel with the computations in the cells

  A right triangle with vertices 51 14 and 11 is located in

a right triangle with vertices 51 14 and 11 is located in the first quadrant of the cartesian plane. find the equation

  Express manufacturers monthly profit as a function of price

a manufacturer can produce cassette tape records at a cost of $40 a piece,its estimates that if the tape records are sold for p dollar a piece.consumer will buy 120-p of them a month , express the manufacturers monthly profit as a function of pric..

  Determine the total amount of her order

LaToya Smith is a buyer for a large manufacturing company . She can purchase 200 pounds of chemicals for $95. She can also purchase mixing vats for $400 each. Sales tax on all products is 6% of the total cost of the order. Shipping costs for her o..

  The distance required to stop an automobile consists

The distance required to stop an automobile consists of both thinking and braking components each of which is a function of its speed. The following experimental data was collected to quantify this relationship. Develop a best-fit equation for bot..

  Company compiled information about gender and working

a company compiled information about the gender and working status of its 420 employees as shown belowmalenbsp - 210

  What is stoichometry

What is stoichometry? Please help I'm confused.. can you also provide an example?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd