Problem 1 - $3.4 Facebook Users in Australia: The following table shows both current and projected data on the mumber, in millions, of Facebook users in Australia. t= years F = number of Facebook...


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Problem 1 - $3.4 Facebook Users in Australia: The following table shows both current and<br>projected data on the mumber, in millions, of Facebook users in Australia.<br>t= years F = number of Facebook users (millions)<br>since<br>2012<br>9.2<br>10.0<br>2<br>10.8<br>3<br>11.7<br>4<br>12.6<br>13.2<br>13.8<br>a.) Find the equation of the regression line.<br>

Extracted text: Problem 1 - $3.4 Facebook Users in Australia: The following table shows both current and projected data on the mumber, in millions, of Facebook users in Australia. t= years F = number of Facebook users (millions) since 2012 9.2 10.0 2 10.8 3 11.7 4 12.6 13.2 13.8 a.) Find the equation of the regression line.
b.) Plot the data and the regression line on the same coordinate axes.<br>14<br>12<br>23<br>4 56<br>c.) Explain in practical terms the meaning of the slope of the regression line.<br>to<br>

Extracted text: b.) Plot the data and the regression line on the same coordinate axes. 14 12 23 4 56 c.) Explain in practical terms the meaning of the slope of the regression line. to

Jun 08, 2022
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