Assignment 2.5 Statistics: Using Scatter Plots HEALTH INSURANCE

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Assignment 2.5
Statistics: Using Scatter Plots
HEALTH INSURANCE
For Exercises 1 and 2 use the table that shows the number of people covered by private or government
health insurance in the United States.
Year
1988
1992
1996
2000
2004
People (millions)
211
218
225
240
245
1.Draw a scatter plot and describe the correlation. (color the dots in)
280 --270 --260 --250 --240 --230 --220 --210 --| | | | | | | | | | | |
’88 ’90 ’92 ’94 ’96 ’98 ’00 ’02 ’04 ’06 ’08 ‘10
The correlation is _______________.
A) positive
B) negative
Closed Last Step Strategy
Assignment 2.5
Statistics: Using Scatter Plots
2.Use two ordered pairs to write a prediction equation. Then use your prediction equation to predict
the number of people with health insurance in 2010.
use (1988, 211) and (2004, 245)
y2 – y1
x2 – x1
y = mx + b
245
= 17/8 (2004) + b
245
= 17 (250.5) + b
245
= 4258.5
+b
- 4258.5 - 4258.5
=b
y = 17/8x – 4013.5
y = 17/8(2010) – 4013.5
y = 17(251.25) – 4013.5
y = 4271.25 – 4013.5 = 257.5
𝑚=
𝑦−𝑦
245 − 211
34
17
=
=
=
𝑥−𝑥
2004 − 1988
16
8
245 – 4258.5 =
4271.25 - 4013.5 =
257.5 million people
GOLD PRODUCTION
For Exercises 3 and 4, use the table that shows the number of ounces of gold produced in the United
States for several years.
Year
1998
1999
2000
2001
2002
2003
Troy ounces (millions)
11.8
11.0
11.3
10.8
9.6
8.9
3. Draw a scatter plot and describe the correlation. (color in the dots)
12
11
10
9
8
7
There is a ____________ correlation.
-------------
A) positive
B) negative
| | | | | | | | | | | | |
’98 ’99 ’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ‘10
Closed Last Step Strategy
Assignment 2.5
Statistics: Using Scatter Plots
4. Use two ordered pairs to write a prediction equation to predict the number of ounces of gold that will
be produced in 2010.
use (1998, 11.8) and (2002, 9.6)
y2 – y1
x2 – x1
𝑚=
𝑦−𝑦
9.6 − 11.8
−2.2
=
=
= −0.55
𝑥−𝑥
2002 − 1998
4
y = mx + b
9.6 = -0.55(2002) + b
9.6 = - 1101.1 + b
+ 1101.1 +1101.1
= b
9.6 + 1101.1 =
Use the predication equation to predict the number of ounces of gold that will be produced in 2010.
y = -0.55(2010) + 1110.7
y = -1105.5 + 1110.7 = 5.2
-1105.5 + 1110.7 =
5.2 troy ounces
Closed Last Step Strategy
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