(Solved): The table below shows the population of a small West Virginia town over the years. 1. (4 Points) Fi ...
The table below shows the population of a small West Virginia town over the years. 1. (4 Points) Find the equation of the regression line which models the relationship between time (measured in years since 1900) and the population of the town. Interpret the slope in the context of the problem. 2. (3 Points) Find the correlation coefficient ånd \( R^{2} \). Interpret \( R^{2} \) in the context of this problem. 3. (3 Points) Use your model to estimate the population of the town in the year 2020. Do you think this estimate is reliable? 4. (3 Points) In what year does your model predict the town's population will drop to zero? Do you think 5 this prediction is reliable?