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Linear Project Leonardo Santana Math 107 September 24, 2017 Linear Model (LR-1) Purpose and data Since 1962 the White House has keep records and it
Linear Project Leonardo Santana Math 107 September 24, 2017 Linear Model (LR-1) Purpose and data Since 1962 the White House has keep records and it military budget. The budget over the years has increased in overall. there are years that the budget has gone down but overall it has increased by billions of dollars. In my paper we use yearly budget data since 1962 to 2017 to show that the relationship of military budget has increase over the years. I use 56 years of data. Military budget data information was taken from White House office of management and budget. Direct link of the web site is: https://www.whitehouse.gov/omb/budget/Historicals (LR-2) Scatter plot dollars in billion 800 700 600 500 dollars in billion 400 300 200 100 0 1950 1960 1970 1980 1990 2000 2010 2020 2030 As you can see the series of move in upwards ways. The upwards trend was slow has the years past, but there were a few years that the spending was in the downwards then it was back to an upwards trend. The upwards trend started to increases rapidly starting in 2002, that rapidly increase was when the war in Iraq and Afghanistan started. (LR-3) Line of best fit dollars in billion 800 700 600 500 dollars in billion Linear (dollars in billion) 400 300 200 100 0 1950 1960 1970 1980 1990 2000 2010 2020 2030 Line of Best Fit (Regression Line) looks like the following y = - 0.937x + 6.973 where x = inflation in percent and y = unemployment in percent, we can rewrite the equation like below (LR-4) Slope (LR-5) Correlation coefficient (LR-6) Prediction (LR-7) Narrative
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