Chapter 2: Problem 2
The numbers of working-age civilians (in millions) in the United States that were not involved in the labor force from 1995 to 2005 are given by the following ordered pairs. \((1995,66.3) \quad(1996,66.6) \quad(1997,66.8)\) \((1998,67.5) \quad(1999,68.4)\) \((2000,70.0)\) \(\begin{array}{lll}(2001,71.4) & (2002,72.7) & (2003,74.7)\end{array}\) \((2004,76.0) \quad(2005,76.8)\) A linear model that approximates the data is \(y=1.16 t+59.1,5 \leq t \leq 15\), where \(y\) is the number of civilians (in millions) and \(t=5\) represents \(1995 .\) Plot the actual data with the model. How closely does the model represent the data? (Source: U.S. Bureau of Labor Statistics)
Short Answer
Step by step solution
Key Concepts
These are the key concepts you need to understand to accurately answer the question.