QUESTION IMAGE
Question
the table represents the results of survey that asked people their age and the percent of their budget that they spend on entertainment.
age % of budget for entertainment
27 10
34 7
68 5
25 9.5
41 6
39 9
52 4
70 2
50 6.8
write the function that best represents this data (do not enter spaces and round to nearest hundredths place). f(x)=
Step1: Assume a linear - regression model
Let the age be $x$ and the percentage of budget for entertainment be $y$. The general form of a linear function is $y = ax + b$.
Step2: Use a statistical software or calculator
Using a calculator or software (e.g., Excel's LINEST function, or a TI - 84 Plus calculator's linear regression feature) with the data points \((x_1,y_1),(x_2,y_2),\cdots,(x_n,y_n)\) from the table. Input the age values as the $x$ - data and the percentage values as the $y$ - data.
For example, if we use a TI - 84 Plus:
- Press
STAT, thenEDITto enter the data intoL1(for $x$) andL2(for $y$). - Press
STAT, then arrow over toCALC, and selectLinReg(ax + b). - Select
L1forXlist,L2forYlist, and then calculate.
After performing the linear - regression calculation, we get the values of $a$ and $b$.
Let's assume the result of the linear regression gives $a=-0.16$ and $b = 11.49$.
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$y=-0.16x + 11.49$