Cubic Regression Name: 1. The table below gives the number of children (in thousands) receiving social security during the years 1988 through 1995. a. Find the cubic regression equation. b. Find the value for 𝑟 2 . c. Determine the number of children for the year 1978. d. Determine the number of children for the year 2005. 2. The table below shows the average price (in thousands of dollars) of a house in the northeastern US for the years 1987 through 1995. a. Find the cubic regression equation. b. Determine the 𝑟 2 . c. Determine the estimated cost for the year 1982. d. Determine the estimated cost for the year 2000. 3. The table below shows the average speed (in knots) of the Trident motor yacht for several different engine speeds (in hundreds of revs per min). a. Find the cubic regression equation. b. Find the value of 𝑟 2 . c. Estimate the average speed of an engine of 2400 RPM’s (24 in chart). d. What engine speed produces a boat speed of 14 knots? 1 Cubic Regression Name: 4. The table below shows the average monthly social security benefits (in dollars) from 1940 through 2003. Year 1940 1950 1960 1970 1980 1990 2000 2003 Amount 22.71 29.03 81.73 123.82 321.10 550.50 844.60 922.10 a. Determine the cubic regression equation. b. Determine the value 𝑟 2 . c. Determine the estimated average benefits for the year 1930. d. Determine the average benefits for a retired worker in 2010. 5. The table below shows the gestation period (in days) of 5 animals and their expected longevity (in years). Animal Rat Gestation 21 Longevity 3 Squirrel Pig 44 115 9 10 Cow 280 12 Elephant 624 40 a. Determine the cubic regression equation. b. Determine the value of 𝑟 2 . c. Estimate the longevity of an animal with a gestation period of 151 days. 2