Question

Government funding: The following table presents the budget (in millions of dollars) for selected organizations that received U.S. government funding for arts and culture in both 2004 and 2006. Use a TI-84 calculator to answer the following. Organization 2004 2006 Smithsonian Institution 489 517 Corporation for Public Broadcasting 377 460 Institute of Museum and Library Services 262 247 National Endowment for the Humanities 135 142 National Endowment for the Arts 121 124 Source: National Endowment for the Arts Part 1 of 3 Compute the least-squares regression line for predicting the 2006 budget from the 2004 budget. Round the slope and y-intercept to at least four decimal places. Regression line equation: y = Part 2 of 3 If two institutions have budgets that differ by 15 million dollars in 2004, by how much would you predict their budgets to differ in 2006? Round the answer to three decimal places. In 2006, their budgets would differ by million dollars. Part 3 of 3 Predict the 2006 budget for an organization whose 2004 budget was 225 million dollars. Round the answer to one decimal place. The 2006 budget is predicted to be million dollars.

          Government funding: The following table presents the budget (in millions of dollars) for selected organizations that received U.S. government funding for arts and culture in both 2004 and 2006. Use a TI-84 calculator to answer the following.

Organization 2004 2006
Smithsonian Institution 489 517
Corporation for Public Broadcasting 377 460
Institute of Museum and Library Services 262 247
National Endowment for the Humanities 135 142
National Endowment for the Arts 121 124

Source: National Endowment for the Arts

Part 1 of 3
Compute the least-squares regression line for predicting the 2006 budget from the 2004 budget. Round the slope and y-intercept to at least four decimal places.
Regression line equation: y =

Part 2 of 3
If two institutions have budgets that differ by 15 million dollars in 2004, by how much would you predict their budgets to differ in 2006? Round the answer to three decimal places.
In 2006, their budgets would differ by million dollars.

Part 3 of 3
Predict the 2006 budget for an organization whose 2004 budget was 225 million dollars. Round the answer to one decimal place.
The 2006 budget is predicted to be million dollars.

Government funding: The following table presents the budget (in millions of dollars) for selected organizations that received U.S. government funding for arts and culture in both 2004 and 2006. Use a TI-84 calculator to answer the following.

Organization 2004 2006
Smithsonian Institution 489 517
Corporation for Public Broadcasting 377 460
Institute of Museum and Library Services 262 247
National Endowment for the Humanities 135 142
National Endowment for the Arts 121 124

Source: National Endowment for the Arts

Part 1 of 3
Compute the least-squares regression line for predicting the 2006 budget from the 2004 budget. Round the slope and y-intercept to at least four decimal places.
Regression line equation: y =

Part 2 of 3
If two institutions have budgets that differ by 15 million dollars in 2004, by how much would you predict their budgets to differ in 2006? Round the answer to three decimal places.
In 2006, their budgets would differ by million dollars.

Part 3 of 3
Predict the 2006 budget for an organization whose 2004 budget was 225 million dollars. Round the answer to one decimal place.
The 2006 budget is predicted to be million dollars.

Added by Tiffany H.

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