Q11.

Question

For Exercises 10-12, use the graph that shows how much Americans spent on doctors’ visits in some recent years. 

11. Use your equation to predict the amount of 2005

Step-by-Step Solution

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Answer

The models predicts that Americans will spend $1091 on doctors’ visits in 2005.

1Step-1 – Concept of prediction equation.

Prediction equation – An equation of line of fit is often called a prediction equation

2Step-2 – Write the predicted equation.

The predicted equation is y=35.2x-69,485

3Step-3 – Substitute 2005 for x .

We must find the amount for year 2005. So, we substitute x=2005 in the predicted equation to get the value of y.

 y=35.2x+69,485y=35.2(2005)+69,485y=1091

Hence, the amount value is y=1091