Problem

Income The table lists per capita income.Year1980199020002010Income$10,183$19,572$29,760$4...

Income The table lists per capita income.

Year

1980

1990

2000

2010

Income

$10,183

$19,572

$29,760

$40,584

Source: Bureau of Economic Analysis.

(a) Find the least-squares regression line for the data.


(b) Estimate the per capita income in 1995. Did this calculation involve interpolation or extrapolation?

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