The average remaining lifetimes for women of various ages in a certain country are given in the following table. (A graphing calculator is recommended.) Average Remaining Lifetimes for Women Age (x) Years (y) 80.6 15 65.5 35 46.9 65 19.1 75 12.8 (a) Find the equation of the least-squares line for the data. (Round all numerical values to two decimal places.) (b) Use the equation from part (a) to estimate the remaining lifetime of a woman of age 19. (Round your answer to the nearest year.) yr (c) Is the procedure in part (b) an example of interpolation or extrapolation? O interpolation O extrapolation

The average remaining lifetimes for women of various ages in a certain country are given in the following table. (A graphing calculator is recommended.) Average Remaining Lifetimes for Women Age (x) Years (y) 80.6 15 65.5 35 46.9 65 19.1 75 12.8 (a) Find the equation of the least-squares line for the data. (Round all numerical values to two decimal places.) (b) Use the equation from part (a) to estimate the remaining lifetime of a woman of age 19. (Round your answer to the nearest year.) yr (c) Is the procedure in part (b) an example of interpolation or extrapolation? O interpolation O extrapolation

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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