In: Statistics and Probability
            The average number of people in a family that attended college
for various years is given...
                
            The average number of people in a family that attended college
for various years is given in Table 12.29
| year | 
number of family members attending college | 
| 1969 | 
4.0 | 
| 1973 | 
3.6 | 
| 1975 | 
3.2 | 
| 1979 | 
3.0 | 
| 1983 | 
3.0 | 
| 1988 | 
3.0 | 
| 1991 | 
2.9 | 
- Using “year” as the independent variable and “Number of Family
Members Attending College” as the dependent variable, draw a
scatter plot of the data.
 
- Calculate the least-squares line. Put the equation in the form
of: ŷ = a + bx
 
- Find the correlation coefficient. Is it significant?
 
- Pick two years between 1969 and 1991 and find the estimated
number of family members attending college.
 
- Based on the data in Table 12.29, is there a linear
relationship between the year and the average number of family
members attending college?
 
- Using the least-squares line, estimate the number of family
members attending college for 1960 and 1995. Does the least-squares
line give an accurate estimate for those years? Explain why or why
not.
 
- Are there any outliers in the data?
 
- What is the estimated average number of family members
attending college for 1986? Does the least squares line give an
accurate estimate for that year? Explain why or why not.
 
- What is the slope of the least squares (best-fit) line?
Interpret the slope.