2) The following data show Transportation Budget for North Carolina (Let year 1- 2003) ear Budget (in millions) :003 :004 :005 :006 :007 C008 385 397 452 501 446 450
2) The following data show Transportation Budget for North Carolina (Let year 1- 2003) ear Budget (in millions) :003 :004 :005 :006 :007 C008 385 397 452 501 446 450
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.4: Scatter Plots And Line Of Fit
Problem 5PPS
Related questions
Question
![2) The following data show Transportation Budget for North Carolina (Let year 1-
2003)
Year
Budget (in millions)
2003
385
2004
397
2005
452
2006
501
2007
446
2008
450
2009
593
2010
654
2011
846
2012
911
2013
1483
2014
1897
a) Create a scatter plot and be sure to LABEL BOTH axis and give the chart an
overall name. Have the graph display the "r-value" and the correct equation.
b) What kind of correlation is this?
c) Is this more of a linear or exponential model? Why?
d) Predict the budget for 2020](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F082cdcd2-4382-4586-afd9-2a8fb48bbe28%2Fa30fa009-5866-4f59-be31-59cd77a54095%2Fzwmgiv_processed.png&w=3840&q=75)
Transcribed Image Text:2) The following data show Transportation Budget for North Carolina (Let year 1-
2003)
Year
Budget (in millions)
2003
385
2004
397
2005
452
2006
501
2007
446
2008
450
2009
593
2010
654
2011
846
2012
911
2013
1483
2014
1897
a) Create a scatter plot and be sure to LABEL BOTH axis and give the chart an
overall name. Have the graph display the "r-value" and the correct equation.
b) What kind of correlation is this?
c) Is this more of a linear or exponential model? Why?
d) Predict the budget for 2020
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![Glencoe Algebra 1, Student Edition, 9780079039897…](https://www.bartleby.com/isbn_cover_images/9780079039897/9780079039897_smallCoverImage.jpg)
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
![Big Ideas Math A Bridge To Success Algebra 1: Stu…](https://www.bartleby.com/isbn_cover_images/9781680331141/9781680331141_smallCoverImage.jpg)
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
![Trigonometry (MindTap Course List)](https://www.bartleby.com/isbn_cover_images/9781305652224/9781305652224_smallCoverImage.gif)
Trigonometry (MindTap Course List)
Trigonometry
ISBN:
9781305652224
Author:
Charles P. McKeague, Mark D. Turner
Publisher:
Cengage Learning
![Glencoe Algebra 1, Student Edition, 9780079039897…](https://www.bartleby.com/isbn_cover_images/9780079039897/9780079039897_smallCoverImage.jpg)
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
![Big Ideas Math A Bridge To Success Algebra 1: Stu…](https://www.bartleby.com/isbn_cover_images/9781680331141/9781680331141_smallCoverImage.jpg)
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt
![Trigonometry (MindTap Course List)](https://www.bartleby.com/isbn_cover_images/9781305652224/9781305652224_smallCoverImage.gif)
Trigonometry (MindTap Course List)
Trigonometry
ISBN:
9781305652224
Author:
Charles P. McKeague, Mark D. Turner
Publisher:
Cengage Learning
![College Algebra](https://www.bartleby.com/isbn_cover_images/9781938168383/9781938168383_smallCoverImage.gif)
![Holt Mcdougal Larson Pre-algebra: Student Edition…](https://www.bartleby.com/isbn_cover_images/9780547587776/9780547587776_smallCoverImage.jpg)
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
![College Algebra (MindTap Course List)](https://www.bartleby.com/isbn_cover_images/9781305652231/9781305652231_smallCoverImage.gif)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning