Part 1: Children In Poverty
(17 Points – each part is worth 2 points unless noted)
1. Open the file ChildrenBelowPovertyLevel.xls containing data from the Census Bureau.
a. Make an X-Y scatter plot of the data including the trendline and the R-squared value. Note that Excel will, in most cases, put a legend on your graph by default. When there is only one data series (as here), you don’t need a legend, and it really should be removed. It should include all the details discussed in the reading on graphs. Paste this chart in your Word document. (3 points)
b. Predict what percentage of children will be below the poverty level in the year 2012 using the trendline equation. Type your result in your Word document.
c. How much confidence do you have in this prediction? In 3-4 sentences write an argument that either supports or does not support your prediction of the percentage of children below the poverty level 2012. (Important: Use the language you learned in the reading for this week. There are three major components you must include in your argument to receive full credit.) (3 points)
d. Use the regression equation (the equation on the graph) to predict when 100% of children in the US will be below the poverty level. Show your workand type your answer into your Word document. (As long as you show how you set up the problem, that is enough. You do not need to show every step you used when solving.)
e. How much confidence do you have in this prediction?
f. Predict the percentage of children below the poverty level in the year 2016 using the trendline equation. Type your result in your Word document.
g. The actual percentage of children below the poverty level in the year 2012 was 21.3%. In 2016 that percentage fell to 17.6%. Compare these facts to your answers from parts (b) and (f). Now, taking into account all your answers above, write a thoughtful analysis of the usefulness of linear modeling. (You may choose to comment on when and how it is most effective to use linear models and also what cautions we should take when using linear models.) To receive full points, you must truly analyze the work you have done above. A simple summary of your findings will receive zero points. (3 points)
2. Open the file DivorceRate.xls which contains data on the rate of divorce per 1,000 people in the U.S. from 1960 to 2015.
a. Make an XY scatter graph of the years and the rate of divorce. Add an appropriate trendline to the data, along with an equation, R^2 value, and all other effective graphing components. (Hint: Be extremely thoughtful about the trendline you use in this case. Be sure to check the trendline guidelines to verify that the trendline you use is appropriate. You will lose points if your trendline is not appropriate.) It should include all the details discussed in the week 3 reading on graphs. Paste the resulting chart into your Word document. (3 points)
b. Use the regression equation to predict the rate of divorce in 2018. Type your answer in your Word document. (1 point)
c. How much confidence do you have in your prediction from part b? (Important: Use the language you learned in the reading for this week. There are three major components you must include in your argument to receive ful credit.) (3 points)
d. Use your regression equation to predict when there will be no divorce in the US. Show your work and type your answer into your Word document. (As long as you show how you set up the problem, that is enough. You do not need to show every step you used when solving.) (1 point)
e. Do you have confidence in your prediction from part d? Explain by writing a confidence argument.
f. Use your regression equation to predict what the rate of divorce will be in 2050. Type your answer into your Word document – don’t forget to include units! (1 point)
g. How much confidence do you have in your prediction from part f? Explain by writing a confidence argument.
Why Choose Us
We value our clients. For this reason, we ensure that each paper is written carefully as per the instructions provided by the client. Our editing team also checks all the papers to ensure that they have been completed as per the expectations.
Professional Academic Writers
Over the years, our Acme Homework has managed to secure the most qualified, reliable and experienced team of writers. The company has also ensured continued training and development of the team members to ensure that it keep up with the rising Academic Trends.
Our prices are fairly priced in such a way that ensures affordability. Additionally, you can get a free price quotation by clicking on the "Place Order" button.
We pay strict attention on deadlines. For this reason, we ensure that all papers are submitted earlier, even before the deadline indicated by the customer. For this reason, the client can go through the work and review everything.
At Essay USA, all papers are plagiarism-free as they are written from scratch. We have taken strict measures to ensure that there is no similarity on all papers and that citations are included as per the standards set.
Customer Support 24/7
Our support team is readily available to provide any guidance/help on our platform at any time of the day/night. Feel free to contact us via the Chat window or support email: email@example.com.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
Essay USA has stood as the world’s leading custom essay writing services providers. Once you enter all the details in the order form under the place order button, the rest is up to us.
At Essay USA, we prioritize on all aspects that bring about a good grade such as impeccable grammar, proper structure, zero-plagiarism and conformance to guidelines. Our experienced team of writers will help you completed your essays and other assignments.
Admission and Business Papers
Be assured that you’ll definitely get accepted to the Master’s level program at any university once you enter all the details in the order form. We won’t leave you here; we will also help you secure a good position in your aspired workplace by creating an outstanding resume or portfolio once you place an order.
Editing and Proofreading
Our skilled editing and writing team will help you restructure you paper, paraphrase, correct grammar and replace plagiarized sections on your paper just on time. The service is geared toward eliminating any mistakes and rather enhancing better quality.
We have writers in almost all fields including the most technical fields. You don’t have to worry about the complexity of your paper. Simply enter as much details as possible in the place order section.