Data on U.S. property crimes (in number of crimes per 100,000 population) are given in the table
Question:
Data on U.S. property crimes (in number of crimes per 100,000 population) are given in the table for the years 2001 through 2011.
(A) Find the least squares line for the data, using x = 0 for 2000.
(B) Use the least squares line to predict the property crime rate in 2024.
Transcribed Image Text:
U.S. Property Crime Rates Year 2001 2003 2005 2007 2009 2011 Rate 3,658 3,591 3,431 3,276 3,041 2,908
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To answer part A of the question we need to calculate the least squares regression line which is oft...View the full answer
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Related Book For
College Mathematics For Business Economics Life Sciences And Social Sciences
ISBN: 9780321945518
13th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen
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