Fitting Linear Models to Data · Exercise 37

Consider this scenario: The population of a city increased steadily over a ten-year span. The following ordered pairs shows the population and the year over the ten-year span, (population, year) for specific recorded years:

$(\text{2500},\text{2000}),(\text{2650},\text{2001}),(\text{3000},\text{2003}),(\text{3500},\text{2006}),(\text{4200},\text{2010})$

Use linear regression to determine a function $y,$ where the year depends on the population. Round to three decimal places of accuracy.

OpenStax, Precalculus 2e · §2.4 Fitting Linear Models to Data · Exercise 37