Math Problem Statement

Find the equation for the least squares line. Let x correspond to the number of years since 1991 and let y correspond to the average number of pupils per 1 teacher.

Solution

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Math Problem Analysis

Mathematical Concepts

Linear Regression
Least Squares Method
Slope-Intercept Form

Formulas

Slope formula: m = (n∑xy - ∑x∑y) / (n∑x^2 - (∑x)^2)
Intercept formula: b = (∑y - m∑x) / n
Least squares line equation: y = mx + b

Theorems

Least Squares Theorem

Suitable Grade Level

Grades 10-12