The table shows average US retail residential prices of electricity from 2000 to 2016, measured in cents
Question:
The table shows average US retail residential prices of electricity from 2000 to 2016, measured in cents per kilowatt hour.
(a) Make a scatter plot. Is a linear model appropriate?
(b) Find and graph the regression line.
(c) Use your linear model from part (b) to estimate the average retail price of electricity in 2005 and 2017.
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Related Book For
Calculus Early Transcendentals
ISBN: 9781337613927
9th Edition
Authors: James Stewart, Daniel K. Clegg, Saleem Watson, Lothar Redlin
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