To graph: Trend line and to interpolate to estimate the number of inventors applying for patents in 2006 and in 2015.
Explanation of Solution
Given information:
Data provided in the question that are used to draw the trend line is
Here in the table
Graph: the
Interpretation:
Interpolate the data to estimate the number of inventors applying for patents in 2006 which can be done by connecting the points on either side of 2006 with a straight line and find the equation of that line.
By observing the graph we can find
Slope
Equation of the trend line
Put
Now to estimate the number of inventors applying for patents in 2006
Substitute
Similarly estimate the number of inventors applying for patents in 2015
Substitute
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