The following data show U.S. production of motor vehicles versus tons of domestic steel shipped for
Question: 38
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 of Motor vehicles | Y =Tons of Domestic Steel | ||||||
2000 | 12.83 million | 16.06 million | ||||||
2001 | 11.52 | 14.06 | ||||||
2002 | 12.33 | 14 | ||||||
2003 | 12.15 | 15.88 | ||||||
2004 | 12.02 | 13.86 |
a) Determine the least-squares regression line and calculate r.
b) What proportion of the variability in steel shipments for motor vehicles is explained by the regression equation?
c) During a year in which U.S. production of motor vehicles is 12.0 million, what would be the prediction for the number of tons of domestic steel used for vehicle production?
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Answer: The solution consists of 2 pages
Deliverables: Word Document
Deliverables: Word Document
