document.write( "Question 1196277: The chart to the right shows a country's annual egg production. Model the data in the chart with a linear function, using the points (1994,52.7) and (1998,61.2). Let x
\n" ); document.write( "represent the year, where x = 0 represents 1994, x= 1 represents 1995, and so on, and let y represent the egg production (in billions). Predict egg production in 2000.
\n" ); document.write( "The linear model for the data is
\n" ); document.write( "(Type your answer in slope-intercept form. Use integers or decimals for any numbers in the equation. Round to three decimal places as needed.)
\n" ); document.write( "Year
\n" ); document.write( "1994
\n" ); document.write( "1995
\n" ); document.write( "1996
\n" ); document.write( "1997
\n" ); document.write( "1998
\n" ); document.write( "1999
\n" ); document.write( "2000
\n" ); document.write( "Egg products (in billions)
\n" ); document.write( "52.7
\n" ); document.write( "53.6
\n" ); document.write( "55.4
\n" ); document.write( "58.1
\n" ); document.write( "61.2
\n" ); document.write( "64.8
\n" ); document.write( "70.7
\n" ); document.write( "Check answer
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Algebra.Com's Answer #829056 by math_tutor2020(3817)\"\" \"About 
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Answers:
\n" ); document.write( "Regression line equation is roughly y = 2.936x + 50.693
\n" ); document.write( "The predicted production level in the year 2000 is approximately 68.3 billion\r
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\n" ); document.write( "\n" ); document.write( "Explanation:\r
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\n" ); document.write( "\n" ); document.write( "I used GeoGebra's FitLine command to find the regression line.
\n" ); document.write( "You could compute this by hand, but I recommend using software to make your life easier.
\n" ); document.write( "In real world settings, you'll be using software to speed up the process and ensure no errors happen. \r
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\n" ); document.write( "\n" ); document.write( "Once we have the regression line equation, plug in x = 6 to represent the year 2000 (since 2000-1994 = 6)
\n" ); document.write( "So,
\n" ); document.write( "y = 2.936x + 50.693
\n" ); document.write( "y = 2.936*6 + 50.693
\n" ); document.write( "y = 68.309
\n" ); document.write( "y = 68.3
\n" ); document.write( "We predict about 68.3 billion eggs are produced in the year 2000
\n" ); document.write( "The actual production level is 70.7 billion according to the table.
\n" ); document.write( "This is an error of about 70.7 - 68.3 = 2.4 billion\r
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\n" ); document.write( "\n" ); document.write( "Side note: the correlation coefficient is roughly r = 0.9704
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