The exponential regression equation of the census predicts the number of unoccupied homes
The exponential regression equation is y = 5.247256 * 1.033157^x
How to determine the exponential regression equation?
The dataset is given as:
x y
0 5.3
10 7.3
20 9.7
30 14.3
To determine the exponential regression equation, we make use of a graphing calculator.
The calculation summary from the graphing calculator are:
- Regression Equation: y = 5.247256 * 1.033157^x
- Correlation: r = 0.998002
- R-squared: r^2 = 0.996008
Hence, the exponential regression equation is y = 5.247256 * 1.033157^x
Read more about regression equations at:
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