Table A.7 shows the US Gross National Product (GNP).5 (a) Plot GNP against years since
Chapter 0, Problem 3(choose chapter or problem)
Table A.7 shows the US Gross National Product (GNP).5 (a) Plot GNP against years since 1970. Does a line fit the data well? (b) Find the regression line and graph it with the data. (c) Use the regression line to estimate the GNP in 1985 and in 2020. Which estimate do you have more confidence in? Why? Table A.7 GNP in 2003 dollars Year 1970 1980 1990 2000 GNP (billions) 1045 2824 5838 9856
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