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
Verified 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
3Step-3 – Substitute 2005 for x .
We must find the amount for year 2005. So, we substitute in the predicted equation to get the value of y.
Hence, the amount value is
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