Question

using a graphing calculator and data. the average exchange rate in Canada for the use dollar from 1998-2007 is shown in the following table.

Year 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 Exchange Rate 0.67 0.67 0.70 0.74 0.80 0.81 0.86 0.87 0.90 0.99 ASUS V


a. draw by hand or with technology a scatter plot on a grid like the following blank grid.
b. determine the equation of the best fit.
c. draw the line of the best fit.
d. based on your findings, what will the average exchange rate be in the year 2010. if current trends continue?

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Let me discuss this problem part by part--->

Add a comment
Know the answer?
Add Answer to:
using a graphing calculator and data. the average exchange rate in Canada for the use dollar...
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. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 70.the average annual exchange rate in Canada for US dollar from 1998-2007 is shown in the...

    70.the average annual exchange rate in Canada for US dollar from 1998-2007 is shown in the following table below. draw a scatter plot, with out using graphing technology. b draw the line of best fit c. determine the slope of your best line of best fit and identify the y-intercept. d determine the equation of the line of best fit. Lesson 17: Lines of Best Fit 70. a) The average annual exchange rate in Canada for the US dol Is...

  • Examine the scatter plot. a) Draw a line of best fit through the following data. [1]...

    Examine the scatter plot. a) Draw a line of best fit through the following data. [1] [1] b) Predict a correlation coefficient that would describe this data. c) Describe how the line of best fit would change without the influential point on the right d) The x-axis is amount of snowfall and the y-axis is cars on the road. Make a conclusion about this data, 100 98 96 8 24 2000 = 100 8 85 84 1966 1967 19es 1989...

  • 1. Th in the table below e average sales (in Millions) of a company for the...

    1. Th in the table below e average sales (in Millions) of a company for the time period of 1995-200S are given Using the sales data in the table calculate the following (show work where possible) a. Sales in z-Score Millions Year 1. Mode?beee ne+ exic) 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 1.47 14 1.52 1.75 1.82 2.050 54 999 2.25 32977 2.55 3.20 3.50 3.85 4.10 2. Median 2.2 .37779 3. Mean .5509 4....

  • Please help me with these 3 questions with a picture of your graphing calculator. Thank you!!! 1) Use your graphing calculator to solve the system of equations below. Set your window to-3...

    Please help me with these 3 questions with a picture of your graphing calculator. Thank you!!! 1) Use your graphing calculator to solve the system of equations below. Set your window to-3 Sx$3 and 3 sys 3. Use the intersect feature to calculate the intersection of the two lines. Paste your graph below, making sure the intersection point is clearly labeled. 1-2に7iiii 2) Use your graphing calculator to graph the system of inequalities below. (Hint: You can take care of...

  • Use the Housing_Interest Rate database YEAR MONTH FIXED_RATE% STARTS in $100 # Houses SOLD 1990 1...

    Use the Housing_Interest Rate database YEAR MONTH FIXED_RATE% STARTS in $100 # Houses SOLD 1990 1 9.81 1551 45 1990 2 9.97 1437 50 1990 3 10.03 1289 58 1990 4 10.14 1248 52 1990 5 10.22 1212 50 1990 6 10.21 1177 50 1990 7 10.2 1171 46 1990 8 9.99 1115 46 1990 9 9.99 1110 38 1990 10 10.06 1014 37 1990 11 10.11 1145 34 1990 12 9.87 969 29 1991 1 9.75 798 30 1991...

  • National Debt: The size of the total debt by the United States Federal government continues to...

    National Debt: The size of the total debt by the United States Federal government continues to grow in fact according to the department of the treasury the debt per person living in the United States is approximately $53,000. The following data represents the US debt for the years 2001 through 2013 since the debt D depends on the year why and each and put corresponding to be exactly one output the debt is a function of the year so D(Y)...

  • so Home File Insert Page Layout Formulas Data Review View D E C FORD MOTOR COMPANY...

    so Home File Insert Page Layout Formulas Data Review View D E C FORD MOTOR COMPANY Adjusted closing Annual Date price return 1995-12-01 9.881 1996-12-02 1.06 1997-12-01 2.25 1998-12-01 075 1999-12-01 3.25 2000-12-01 2001-12-03 0.87 2002-12-02 2003-12-01 2004-12-01 4.18 2005-12-01 8.9 2006-12-01 4.19 2007-12-03 2.37 2008-12-01 2009-12-01 2010-12-01 2011-12-01 2012-12-03 2013-12-02 2014-12-01 683 24 Average annual retum 25 Standard deviation of annual EC Exercise 15 DATA E xercise 16 Template EOC Exercise 17 Temp

  • 4. Use regression analysis in Excel to estimate the beta coefficient using the nominal interest rate...

    4. Use regression analysis in Excel to estimate the beta coefficient using the nominal interest rate as the dependent variable and inflation rate as an independent variable during 1987-2017, and interpret the meaning of estimated equation and beta coefficient. Inflation Premium Rate Nominal Interest Rate Year 3.7 9.38 1987 4.1 9.71 1988 4.8 9.26 1989 5.4 9.32 1990 4.2 8.77 1991 3 8.14 1992 3 7.22 1993 2.6 7.97 1994 2.8 7.59 1995 2.9 7.37 1996 2.3 7.27 1997 1.6...

  • 100 96 24 2000 = 100 18 90 88 95 84 1966 1967 1968 1969 1990...

    100 96 24 2000 = 100 18 90 88 95 84 1966 1967 1968 1969 1990 1991 1992 1993 1994 1995 196 197 198 1999 2000 2001 2002 2003 2004 2005 2005 Year Source: Statistics Canada's Internet Site, http://estat.statcan.ca/cgi-win/cnsmcgi.exe, CANSIM table 387-000 V28546044, December 16, 2007. a. By approximately how many index points did the CPI change from 1990 to 2003? b. Express this change as a percent to the nearest hundredth. Is this change an increase or decrease in...

  • Estimate the 100-year flood discharge and gauge height for Spring Creek in Houserville using the data...

    Estimate the 100-year flood discharge and gauge height for Spring Creek in Houserville using the data provided. First, calculate the Rank (1 being the flood with the greatest discharge) and Recurrence Time, using the formula RT-(n+1) m is the number of yearly peak flood data- 20 in this case, and m is the rank of the peak discharge), filling in the results for the table below. Rank Recurrence Time Discharge (cfs) 318 687 440 351 476 Year 1985 196 1987...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT