Figure 15 gives the percentage of persons 25 years and over who have completed four or more

Question:

Figure 15 gives the percentage of persons 25 years and over who have completed four or more years of college.

Figure 15

(a) Obtain the least-squares line that fits these data. (Let x = 0 correspond to 1994.)

(b) Estimate the percentage for the year 2017.

(c) If the trend determined by the line in part (a) continues, when will the percentage reach 41.1?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Finite Mathematics And Its Applications

ISBN: 9780137616619

13th Edition

Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel , Jill Simmons

See More Books

Question Posted: Jan 20, 2023 08:00 AM

See More Questions

Find the general solution to the system (9.77) for the following matrix pairs: (a) (b) (c) (d) (e) (f) 3 -1 M=(0 3 0 4-2 - 3 2 M= K 2 -1 M= 1200 0 0 6/ -1 3 9 3 -I -1 3 K M= 1311, K= 282 0 1 1
Figure 15 gives the percent of persons 25 years and over who have completed four or more years of college. (a) Obtain the least-squares line that fits these data. (Let x = 0 correspond to 1989.) (b)...
The U.S. Census tracks the percentage of persons 25 years or older who are college graduates. That data for several years is given in Table 4[14]. Determine whether the trend appears linear. If so,...
Argon gas enters a constant cross-sectional area duct at Ma1 = 0.2, P1 = 320 kPa, and T1 = 400 K at a rate of 1.2 kg/s. Disregarding frictional losses, determine the highest rate of heat transfer to...
Discuss the relationship between a control chart and statistical hypothesis testing. Discuss.
What kind of ethical conflicts have you experienced at school or work? At home?
Are checking accounts that earn interest preferable to regular checking accounts? Why or why not?
Prepare a cost of goods sold budget for MacLaren Manufacturing Inc. for the year ended December 31, 2016, from the following estimates. Inventories of production units: Finished Goods January 1,...
On January 1, Year 1, Hanover Corporation issued bonds with a $59,000 face value, a stated rate of interest of 7%, and a 5-year term to maturity. The bonds were issued at 98. Hanover uses the...
Consider the following four equations. One is the equation of a supply curve, and another is the equation of a demand curve. Identify the two equations, and then find the intersection point of those...
What can you say about the slopes of parallel lines?
Discuss the entrance of savings institutions into consumer and commercial lending. What are the potential risks and rewards of this strategy? Discuss the conflict between diversification and...
Consider: x3 + c (x 1)(x 3)(x + 1) (x + 3x + 9) (x + 2x + 5) How many partial fractions are there in the partial fraction decomposition of this function? How many unknowns (A, B, ...) must be...
Hand trace the following program. 1 y 0 2 for x in range (5): y = y + x 4 print ("x",x, "and y =", y) Note: You can shorten the prompts in your hand trace if you want to.
Determine the location using physics calculations to solve the problem. Show step by step details for how you solved the problem. I don't need an explanation explaining how to solve the problem. T By...
Give a brief explanation about the organization/company i.e., the products or services, number of employees, etc. Do a SWOT chart to help organize your ideas. Refer to resources in the reading for an...
How are organization "formal" and "informal" structures impacted in organizational change? Provide some examples. Compare and contrast Lewin's Change Model with Kotter's Change model. (Show how they...
Suppose that f(x) = log 2 (x - 2) + 1. (a) Graph f. (b) What is f(6)? What point is on the graph of f? (c) Solve f(x) = 4. What point is on the graph of f? (d) Based on the graph drawn in part (a),...
The figure shows a bolted lap joint that uses SAE grade 8 bolts. The members are made of cold-drawn AISI 1040 steel. Find the safe tensile shear load F that can be applied to this connection if the...
On what sector are services most dependent? Suppose that a simplified economy consisting of the three sectors Manufacturing, Energy, and Services has the input-output matrix 3 .25 .15 = A. .2] .1 .2...
On what sector is manufacturing least dependent? Suppose that a simplified economy consisting of the three sectors Manufacturing, Energy, and Services has the input-output matrix 3 .25 .15 = A. .2]...
1. Determine the internal consumption when the production matrix is 2. Show that Suppose that a simplified economy consisting of the three sectors Manufacturing, Energy, and Services has the...
(1 point) Bill makes annual deposits of $1900 to an an IRA earning 5% compounded annually for 14 years. At the end of the 14 years Bil retires. a) What was the value of his IRA at the end of 14...
Which of the following concerning short-term financing methods is NOT CORRECT? Short-term bank loans typically do not require assets as collateral. Firms generally have little control over the level...
Kingbird Corporation is preparing its December 31, 2017, balance sheet. The following items may be reported as either a current or long-term liability. 1. On December 15, 2017, Kingbird declared a...

Figure 15 gives the percentage of persons 25 years and over who have completed four or more

Question:

40% 35% 30% 25% 20% 15% 10% 5% 0% 22.27 25.2 27.7- 29.5 32.0 36.0 1994 1999 2004 2009 2014 2019

Step by Step Answer:

a Let x be the number of years after 1994 then y 0521x ...View the full answer

Finite Mathematics And Its Applications

Students also viewed these Mathematics questions