The following table shows data for the cost of natural gas in Maryland (in dollars per Million Btu) for x years since 1990. Year x Price in $ per Million Btu 1990 6.31 1991 6.14 1992 6.32 1993 6.75...


The following table shows data for the cost of natural gas in Maryland (in dollars per Million Btu) for

x
years since 1990.














































































Year










x





Price in $ per Million Btu




1990








6.31




1991








6.14




1992








6.32




1993








6.75




1994








6.8




1995








6.34




1996








7.46




1997








8.12




1998








8.04




1999








8.25




2000








9.58




2001








11.28




2002








9.25




a. Define the explanatory and response variables for this problem.





b. Use the calculator to obtain the linear regression
line of best fit
for the original prices; round to three decimal places.

Write this prediction equation in the form:




a. In a brief sentence, interpret the
slope in the context of the problem.




Jun 09, 2022
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