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20 points) The following data shows the total spend on Research and development by institutions of higher learning in the US, in billions of dollars
20 points) The following data shows the total spend on Research and development by institutions of higher learning in the US, in billions of dollars for the period 2003 - 2011. Find the best fit equation for the data shown. Years (since 2000) 3 4 5 6 7 8 9 10 11 Spending ($ in billions) 17.2 25.7 32.3 37.6 42.1 46.4 49.4 52.4 55.2 a. Find the equation of best fit. b. Project spending in 2016 if this trend continues
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