Question

The following data set provides information on acres harvested and planted by year and value in...

The following data set provides information on acres harvested and planted by year and value in the US.

Year

ASPARAGUS - ACRES HARVESTED

ASPARAGUS - ACRES PLANTED

2015

21,700

23,500

2014

23,800

25,800

2013

24,500

26,800

2012

25,300

27,800

2011

26,800

28,400

2010

28,000

29,200

2009

29,200

30,700

2008

32,200

33,700

2007

38,600

40,900

2006

43,200

44,700

2005

49,300

51,700

2004

61,500

66,000

2003

58,000

62,000

2002

66,000

70,500

2001

70,150

75,150

2000

77,400

82,800

1999

75,890

79,590

1998

74,430

From the data set, use the planting data for the United States for recent years. Using a calculator or statistical software, find the equation for the linear regression line for 2010 to 2015. What is its slope?

  • Round your final answer to one decimal place.

Homework Answers

Answer #1

In order to solve this question I used R software.

R codes and output:

> d=read.table('data.csv',header=T,sep=',')
> head(d)
Year HARVESTED PLANTED
1 2015 21700 23500
2 2014 23800 25800
3 2013 24500 26800
4 2012 25300 27800
5 2011 26800 28400
6 2010 28000 29200
> attach(d)
> fit=lm( HARVESTED~ PLANTED)
> fit

Call:
lm(formula = HARVESTED ~ PLANTED)

Coefficients:
(Intercept) PLANTED
-3594.368 1.063

Hence slope of the regression equation for the years 2010 to 2015 is 1.1

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions