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hown below are the annual new orders for 10 years according to the U.S. Census Bureau and the raw steel production for the sam O years as published by the American Iron & Steel Institute. Use these data to develop a regression model to predict annual new rders by raw steel production. Construct a scatter plot and draw the regression line through the points. Raw Steel Production (100,000s of net tons) 99.9 97.9 OD O New Orders ($ trillions) 2.74 2.87 292

hown below are the annual new orders for 10 years according to the U.S. Census Bureau and the raw steel production for the sam O years as published by the American Iron & Steel Institute. Use these data to develop a regression model to predict annual new rders by raw steel production. Construct a scatter plot and draw the regression line through the points. Raw Steel Production (100,000s of net tons) 99.9 97.9 OD O New Orders ($ trillions) 2.74 2.87 292

Calculus For The Life Sciences
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.CR: Chapter 1 Review
Problem 86CR
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3 E DII F3 $ 4 R F F4 w Orders 2.5 % 5 2.5 30- 25 4.0 T F5 6 Sterl Steel Steel 100 100 Y F6 H & 7 110 110 110 U J PrtScn 8 F8 1 Home 9 K F9
Transcribed Image Text:3 E DII F3 $ 4 R F F4 w Orders 2.5 % 5 2.5 30- 25 4.0 T F5 6 Sterl Steel Steel 100 100 Y F6 H & 7 110 110 110 U J PrtScn 8 F8 1 Home 9 K F9
Can the annual new orders for manufacturing in the United States be predicted by the raw steel production in the United States? Shown below are the annual new orders for 10 years according to the U.S. Census Bureau and the raw steel production for the same 10 years as published by the American Iron & Steel Institute. Use these data to develop a regression model to predict annual new orders by raw steel production. Construct a scatter plot and draw the regression line through the points. Raw Steel Production (100,000s of net tons) y= 99.9 97.9 98.9 87.9 92.9 97.9 100.6 104.9 105.3 108.6 F3 $ 4 R New Orders ($ trillions) F 2.74 2.87 2.93 2.87 (Do not round the intermediate values. Round your answers to 3 decimal places, 2.345.) 2.98 3.09 3.36 3.61 3.75 3.95 + Q Search F4 % 5 T G F5 6 Y F6 H & 87 F7 U J PrtScn 8 F8 21 Home 9 K F9 O
Transcribed Image Text:Can the annual new orders for manufacturing in the United States be predicted by the raw steel production in the United States? Shown below are the annual new orders for 10 years according to the U.S. Census Bureau and the raw steel production for the same 10 years as published by the American Iron & Steel Institute. Use these data to develop a regression model to predict annual new orders by raw steel production. Construct a scatter plot and draw the regression line through the points. Raw Steel Production (100,000s of net tons) y= 99.9 97.9 98.9 87.9 92.9 97.9 100.6 104.9 105.3 108.6 F3 $ 4 R New Orders ($ trillions) F 2.74 2.87 2.93 2.87 (Do not round the intermediate values. Round your answers to 3 decimal places, 2.345.) 2.98 3.09 3.36 3.61 3.75 3.95 + Q Search F4 % 5 T G F5 6 Y F6 H & 87 F7 U J PrtScn 8 F8 21 Home 9 K F9 O
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