Final answer:
In quadratic regression, you first determine the independent and dependent variables, create a scatter plot, calculate the regression equation, and find the correlation coefficient. You then calculate the mean of the data points and identify any outliers.
Step-by-step explanation:
To use quadratic regression to write a function for a given dataset, you would generally follow these steps:
- Determine the independent and dependent variables for a scatter plot.
- Using a statistical calculator or software, enter the data and create the scatter plot.
- Calculate the quadratic regression equation using the regression function on the calculator or software. This will typically be in the form ý = ax² + bx + c.
- Find the correlation coefficient (R-squared value) to determine how well the equation models the data. A correlation coefficient close to 1 indicates a strong positive relationship.
- Calculate the mean (average) of the data points by adding all the data values together and dividing by the number of data points.
- Identify the outlier by looking for a data point that is significantly distant from the trend of the rest of the data.
For more specific tasks like finding the mean CPI for a particular year or estimating values based on the regression line, you would use the regression equation and possibly other statistical formulas or software features.