(All Steps) The following data show U.S. production of motor vehicles versus tons of domestic steel shipped for motor vehicle manufacture. Year x = U.S.
Question: The following data show U.S. production of motor vehicles versus tons of domestic steel shipped for motor vehicle manufacture.
Year x = U.S. Production y = tons of Domestic
Of Motor Vehicles Steel
2000 12.83 million 16.06 million
2001 11.52 14.06
2002 12.33 14.00
2003 12.15 15.88
2004 12.02 13.86
- Determine the least squares regression line and calculate r.
- What proportion of the variability in steel shipments for motor vehicles is explained by the regression equation?
- During a year in which U.S. production of motor vehicles is 12.0 million, what would be the prediction for number of tons of domestic steel used for vehicle production?
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