Problem

Transportation The estimated number of scheduled passengers on U.S. commercial airlines (i...

Transportation The estimated number of scheduled passengers on U.S. commercial airlines (in billions) in selected years is shown in the following tablet:

Year

Passengers

2002

.63

2003

.64

2004

.69

2005

.72

2006

.77

2007

.79

2008

.80

2009

.84

(a) Find the least-squares regression line that models these data, with x = 2 corresponding to 2002.


(b) Extimate the number of passengers in 2012 and in 2016.

Data and projections are from the Federal Aviation Administration.

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Solutions For Problems in Chapter 2.3