Posted by **mathstudent05** on Friday, May 25, 2007 at 3:45pm.

okay can someone set this up for me and help me understand it please.I tried it but i am clueless please show me how to solve this?

The number of banks in the United

States has dropped about 30% since 1992. The following

data are from a survey in which x represents the years

since 1900 and y corresponded to the number of banks, in

thousands, in the United States.†

"e"= this symbol i willuse to represet that weird E for correlatlion

n=10 "e" x^2 = 93205

"e" x = 965 "e"xy=9165.10

"e"y = 95.3 "e"y^2= 920.47

a) find an equation of the least square line.

I used the equation that goes like this: r = (10 (9165.10)-(965)(95.3))/sqrt 10(93205)- (965)^2 - sqrt 10(920.47) - (95.3)^2

and what i came up with was -0.986 but then this would be for high correlation.

b)If the trend continues,how many banks will there be in 2004?

c) Find and interpret the coefficient of correlation?

## Answer This Question

## Related Questions

- Social Studies - In the text, You read this about the bank of the united states...
- 7th grade math - In 2004, about 14 percent of the estimated total population of...
- macroeconomics - One of the main results of the Depository Institutions ...
- math ergent please please... - 10.a)Solve the inequality x^3-5x^2+2x+8<0 by i...
- Math - Please help me I don't understand what to do for this, as I haven't ...
- Algebra 2 - For the period 1990-2002, the number s (in thousands)lf cellular ...
- Social Studies/History - Can someone please help me(without giving me the ...
- chemistry - This question I really don't get it. I tried tried tried to figure ...
- history - Do you think that the Korean War was merely a civil war in which the ...
- govenment - 1)In what ways does the existence of minor parties also work to ...

More Related Questions