In section 3.6 of your text you learned how to find the least squares
best approximation line for a collection of data pairs. Another name
for this line is called the linear regression line. The "Graphing
Calculator Exploration" on p. 247 shows one way of using your calculator
to find this line. Your TI graphing calculator also has built-in
routines to determine this linear regression line for a set of data.
To complete this assignment, you may choose to use either of the techniques.
Please follow the links below to find instructions on how to use the built-in
linear regression routines on your calculator:
Regression
Analysis on the TI-86, Regression
Analysis on the TI-85,
Regression
Analysis on the TI-82, Regression
Analysis on the TI-83.
Preparation: Reread the Application Preview on pages 2 and 3 of your text.
Practice: Try problem #75 on page 16 of your text. Verify your answer with the correct answer in the back of the text.
Assignment: The Energy Information Administration (http://www.eia.doe.gov/aer)
gives the following data for U.S. residential electricity end use for the
years given in the table below. The data represents residential electric
utility retail sales in billion kilowatt-hours.
year | 1950 | 1955 | 1960 | 1965 | 1970 | 1975 | 1980 | 1985 | 1990 | 1995 | 2000 |
Electricity | 72 | 128 | 201 | 291 | 466 | 588 | 717 | 794 | 924 | 1043 | 1192 |
2. Use your calculator to find the linear regression line for these points. Graph the points together with the regression line. Sketch or use a computer to make a detailed graph of the points and the line to hand in. Don't forget to label the axes and provide units and a scale on each axis. Label the line with it's equation.
3. Use your line to estimate the residential electric utility
retail sales for 2001 and 2005. When will the residential electric
utility retail sales reach 1500 billion kilowatt-hours?