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Solve the equation for x: x = 5/25 - 7 + 60. Also, perform regression analysis on the given data.
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3 partsStep-by-step solution
9 stepsHere's the solution to your questions:
Part 1· 3 steps
Solve the equation for $س$ (x)
Write down the equation.
Simplify the fraction.
Perform the subtraction and addition.
The value of is .
Part 2
Regression Analysis
We are given the following data for Year () and Exports ():
| Year () | Exports () | ||
|---|---|---|---|
| 2 | 0.15 | 4 | 0.30 |
| 7 | 0.16 | 49 | 1.12 |
| 11 | 0.17 | 121 | 1.87 |
| 13 | 0.18 | 169 | 2.34 |
| 16 | 0.19 | 256 | 3.04 |
| Sum | 0.85 | 599 | 8.67 |
Calculate the sums.
Calculate the slope () of the regression line .
The formula for is:
Substitute the values:
Calculate the y-intercept () of the regression line.
The formula for is:
Substitute the values:
Write the regression equation.
The regression equation is .
The regression equation is .
Part 30.19919
Forecast exports for year 20
Use the regression equation and substitute .
Round the forecast to an appropriate number of decimal places.
The forecast for exports for year 20 is .
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