After plotting the U.S. wine imports data on a graph and applying linear regression analysis, we use the equation of the line to calculate the year when imports will exceed 12,000 hectoliters.
To determine if the trend of wine imports is linear and predict when the imports will exceed 12,000 hectoliters, we can use the given data to construct a linear regression. By plotting the import amounts against the years and using a linear regression tool, we find the equation of the best fit line. Assuming the provided data follows a linear trend and the equation you found is y = mx + b where m is the slope and b is the y-intercept, you can calculate when the import level will surpass 12,000 hectoliters.
To do this calculation:
Set y (the import amount) to 12,000.
Solve the equation for x (year) using the formula x = (y - b)/m.
Round your answer to the nearest whole number to find the year.
The linear regression's r-value indicates how closely the data fits the linear model, with values closer to 1 representing a stronger linear relationship. To find the r-value, you would typically use a calculator or software that provides regression analysis.