year- 1970 1980 1990 2000 2010Expenditures- 21043 56914 134656 236784 461000 Using interpolation, the estimated expenditure for 1975 is____ million dollars? Using interpolation, the estimate expenditure for the year 1991 is______ million dollars?

assuolareuz

assuolareuz

Answered question

2022-08-03

year- 1970 1980 1990 2000 2010
Expenditures- 21043 56914 134656 236784 461000
Using interpolation, the estimated expenditure for 1975 is____ million dollars?
Using interpolation, the estimate expenditure for the year 1991 is______ million dollars?

Answer & Explanation

Andre Reynolds

Andre Reynolds

Beginner2022-08-04Added 10 answers

using minitab,
linear regression model
exp = -20907622 + 10598 year
for 1975, Exp= -20907622 + 10598 *1975
=23428
for 1991, Exp = -20907622 + 10598 * 1991
=192996

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