Solution) Use the following data (NCHS 2005) to determine whether or not there is a linear relation
Question: Problem 7
Use the following data (NCHS 2005) to determine whether or not there is a linear relation between the U.S. national health expenditures as a percent of gross domestic product (GDP) and time.
| Year | National Health Expenditures as Percentage of GDP |
| 1960 | 5.1 |
| 1970 | 7.0 |
| 1980 | 8.8 |
| 1990 | 12.0 |
| 1995 | 13.4 |
| 1997 | 13.1 |
| 1998 | 13.2 |
| 1999 | 13.2 |
| 2000 | 13.3 |
| 2001 | 14.1 |
| 2002 | 14.9 |
What is the predicted value for national health expenditures as a percent of GDP of 2010?
What it the 95 percent confidence interval for your estimate?
What data have you used as the basis of your predictions?
What assumptions have you made?
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Deliverable: Word Document
Deliverable: Word Document
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