With computer security always a hot-button issue, demand is growing for technology that authenticates and authorizes computer users. The following table gives the authentication software sales (in billions of dollars), including projections, from 1999 through 2004. (Here, x = 0 represents 1999.) Find an equation of the least-squares line for these data. Please round the coefficients in your equation to three decimal places. Use the result to estimate the sales for 2008, assuming the projection is accurate.
A) y = 0.749x + 2.262; $9.003 billion
B) y = 0.735x + 2.273; $8.888 billion
C) y = 0.735x + 2.273; $8.925 billion
D) y = 0.749x + 2.262; $9.026 billion

Question

With computer security always a hot-button issue, demand is growing for technology that authenticates and authorizes computer users. The following table gives the authentication software sales (in billions of dollars), including projections, from 1999 through 2004.  (Here, x = 0 represents 1999.) Find an equation of the least-squares line for these data. Please round the coefficients in your equation to three decimal places. Use the result to estimate the sales for 2008, assuming the projection is accurate.
A) y = 0.749x + 2.262; $9.003 billion 
B) y = 0.735x + 2.273; $8.888 billion 
C) y = 0.735x + 2.273; $8.925 billion 
D) y = 0.749x + 2.262; $9.026 billion

Quizplus · Accepted Answer

The Answer of With computer security always a hot-button issue, demand is growing for technology that authenticates and authorizes computer users. The following table gives the authentication software sales (in billions of dollars), including projections, from 1999 through 2004.  (Here, x = 0 represents 1999.) Find an equation of the least-squares line for these data. Please round the coefficients in your equation to three decimal places. Use the result to estimate the sales for 2008, assuming the projection is accurate.
A) y = 0.749x + 2.262; $9.003 billion 
B) y = 0.735x + 2.273; $8.888 billion 
C) y = 0.735x + 2.273; $8.925 billion 
D) y = 0.749x + 2.262; $9.026 billion

With Computer Security Always a Hot-Button Issue, Demand Is Growing