Solution: According to the America Association of Medical Colleges, the number of applications to medical schools in the United States began to decrease since
Question: According to the America Association of Medical Colleges, the number of applications to medical schools in the United States began to decrease since 1996 as indicated in the following Table. Years are represented as the number of years since 1900 and applications are given in thousands.
| Year (x) | 94 | 95 | 96 | 97 | 98 | 99 | 00 |
| Applications (y) | 45.4 | 46.6 | 47.0 | 43.0 | 41.0 | 38.5 | 37.1 |
| x | y | xy | x² | y² | |
| 94 | 45.4 | 4267.6 | 8836 | 2061.16 | |
| 95 | 46.6 | 4427.0 | 9025 | 2171.56 | |
| 96 | 47.0 | 4512.0 | 9216 | 2209.00 | |
| 97 | 43.0 | 4171.0 | 9409 | 1849.00 | |
| 98 | 41.0 | 4018.0 | 9604 | 1681.00 | |
| 99 | 38.5 | 3811.5 | 9801 | 1482.25 | |
| 100 | 37.1 | 3710.0 | 10000 | 1376.41 | |
| Total | 679 | 298.6 | 28917.1 | 65891 | 12830.38 |
Determine the least squares line for this data.
Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document 