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AnalyzingAgevs.NumberofJobsheld
For this project, you will collect data relating
age and # of jobs held. You will try several
mathematical models for curve fitting, and takethe
first and second derivatives ofthesemodels. You
will provide a graph foreachmodel. Thenyouwill
select the model that you think is the bestfit.
y=0.1870x+0.7739
Here the slope is 0.1870, which means quantum of change in y, due to 1 unit
of change in x. For our data, we can say that the relationship between y and x
are expressed on the basis of slope, which is equals to 0.187. It means that if
age is increased by 1 year, the change in number of job held so far will get
increased by 0.1870.
Quadratic regression
y=−0.0035x^2+0.4635x+−3.9510
Equation i written into simplified form
Cubic regression
y=0.0001x^3+−0.0171x^2+0.9757x+−9.7864
Critical points are the points, where the function is defined and its derivative is set
to zero or undefined.
Therefore,
X = 0.4365/0.007 = 66.21