The sum of the personal consumption expenditures in a country, in billions of do

Question

The sum of the personal consumption expenditures in a country, in billions of dollars, for selected years from 1985 through 2005 is shown in the table. Answer parts (a) through (d). Make a scatter plot of the data, with x equal to the number of years past 1985 and y equal to the billions of dollars spent. Does it appear that a line will be a reasonable fit for this data? Yes No Find the linear model which is the best fit for the data, where x is equal to the number of years past 1985. y= (Use integers or decimals for any numbers in the expression. Round to three decimal places as needed.)

Explanation / Answer

y = 301.095x+2735.3

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