The percentage of adults in the labor force ages 65 or older who are still working has risen since 1990. The table below shows the data from 1990 to 2007. Let x represent the number of years since 1990 a. Plot the data points. b. Find the linear regression equation of the line of best fit for the data. c. What does the slope of this line indicate in this situation? d. If the percentage continues to increase at the same rate, predict the percent of the labor force that is 65 years old or older in the year 2027. Year % of Labor Force 1990 11.6% 1995 12.2% 2000 12.9% 2005 14 2% 2007 15 6% a. Choose the correct plot below. OB. OC. O A. 1-5, 20, 1] by 18. 17 1) [8. 17, 1] by (- 5, 20, 1] [-5, 20, 1] by [8, 17, 1] Clear all

College Algebra
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ISBN:9781938168383
Author:Jay Abramson
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Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
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The percentage of adults in the labor force ages 65 or older who are still working has risen since 1990. The table below shows the data from 1990 to 2007, Let x represent the number of years since 1990
a. Plot the data points.
b. Find the linear regression equation of the line of best fit for the data.
c. What does the slope of this line indicate in this situation?
d. If the percentage continues to increase at the same rate, predict the percent of the labor force that is 65 years old or older in the year 2027.
Year
% of Labor Force
1990
11.6%
1995
12.2%
2000
12.9%
2005
14.2%
2007
15 6%
a. Choose the correct plot below.
O A.
OB.
OC.
1-5, 20, 1] by (8. 17. 1)
[8. 17, 1) by (-5, 20, 1]
[-5, 20, 1] by [8, 17, 1]
Clear all
Print
View an example
659
Help me solve this
A D E 11/13/
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%23
O Type here to search
Transcribed Image Text:The percentage of adults in the labor force ages 65 or older who are still working has risen since 1990. The table below shows the data from 1990 to 2007, Let x represent the number of years since 1990 a. Plot the data points. b. Find the linear regression equation of the line of best fit for the data. c. What does the slope of this line indicate in this situation? d. If the percentage continues to increase at the same rate, predict the percent of the labor force that is 65 years old or older in the year 2027. Year % of Labor Force 1990 11.6% 1995 12.2% 2000 12.9% 2005 14.2% 2007 15 6% a. Choose the correct plot below. O A. OB. OC. 1-5, 20, 1] by (8. 17. 1) [8. 17, 1) by (-5, 20, 1] [-5, 20, 1] by [8, 17, 1] Clear all Print View an example 659 Help me solve this A D E 11/13/ 57°F %23 O Type here to search
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