The Kentucky Department of Agriculture is concerned about the number of acres of farmland being withdrawn from farming. The department would like to propose new legislation to prevent this but wants to show the legislature what would happen if it does not act. Drew Johnson, the department’s statistician, regresses the number of acres used for farming in the state on time. Johnson finds the following:
Model |
R |
R Square |
Adjusted R Square |
Std. Error of the Estimate |
1 |
.943a |
.890 |
.795 |
3.2875 |
Predictors: (Constant), Number of Years
Model |
|
Sum of Squares |
df |
Mean Square |
F |
Sig. |
|
1 |
Regression |
1378.458 |
1 |
1378.458 |
141.149 |
.000a |
|
|
Residual |
478.567 |
49 |
9.766 |
9.766 |
|
|
|
Total |
1857.025 |
50 |
|
|
|
|
Predictors: (Constant), Number of Years
Dependent Variable: Acres (in Millions)
|
Unstandardized |
|
Standardized |
|
|
|
B |
Std. Error |
Beta |
t |
Sig. |
1 constant |
2.743 |
.357 |
|
7.683 |
.000 |
year |
-.027 |
.0007 |
-.025 |
-38.571 |
.000 |
Dependent Variable: Acres (in Millions)
What is the IV? What is the DV? How strong is the relationship?
From the results shown above, write the regression equation.
How many acres of farmland will be lost in the next 10 years if the legislature does not act and if past practices continue?
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