Q12.

Question

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

12. Compare your prediction to the one given in the graph.

Step-by-Step Solution

Verified
Answer

The value predicted by the equation is lower than the given in the graph.

1Step-1 – Concept of prediction equation.

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

2Step-2 – Predicted value from the equation.

From the equation we know that the predicted value of amount spent on doctor’s visit $1077

And the actual value $1,172 from the graph.

 11721077=95

3Step-3 – Compare the prediction.

The value predicted by the equation is lower than the given in the graph.