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    Curve Fitting Techniques

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    Task: Apply curve-fitting techniques and interpret the results. As such, your work will include doing scatterplots, determining the equation and graph of the curve on the scatterplot, finding the r^2 value, estimation using the curve, etc. Using a linear model, you are expected to use the data given below (University of Maryland University College graduation rates per year, for the last 5 or 10 years).

    UMUC Graduation rates:
    2003 - 30%
    2004 - 27%
    2005 - 28%
    2006 - 33%
    2007 - 37%
    2008 - 68%.

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    Solution Summary

    The solution applies a curve-fitting technique and interprets the results.