Question

In: Statistics and Probability

Year Number of Alternative-Fueled Vehicles in US 2000 394,664 2001 425,457 2002 471,098 2003 533,999 2004...

Year

Number of Alternative-Fueled Vehicles in US

2000

394,664

2001

425,457

2002

471,098

2003

533,999

2004

565,492

2005

592,125

2006

634,562

2007

695,766

3. Find the correlation and regression lines for the data above.

r=

LinReg(ax+b)=

Solutions

Expert Solution

Year (X) Vehicles (Y) X * Y
2000 394664 7.89E+08 4000000 1.56E+11
2001 425457 8.51E+08 4004001 1.81E+11
2002 471098 9.43E+08 4008004 2.22E+11
2003 533999 1.07E+09 4012009 2.85E+11
2004 565492 1.13E+09 4016016 3.2E+11
2005 592125 1.19E+09 4020025 3.51E+11
2006 634562 1.27E+09 4024036 4.03E+11
2007 695766 1.4E+09 4028049 4.84E+11
Total 16028 4313163 8.64E+09 32112140 2.4E+12

Correlation



r = 0.996

Equation of regression line is


b = 42235.869



a =( 4313163 - ( 42235.869 * 16028 ) ) / 8
a = -84080418.262
Equation of regression line becomes



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