# Statistics - Regression Model - Find a Point Prediction

Not what you're looking for?

See attached file.

The given describes data for each state of the 50 states.

-Total expenditures on a state's criminal justice system (in thousand of dollars)(EXPEND)

-Total number of police employed in the state (POLICE)

-Population of the state (in thousand) (POP) total number of incarcerated prisoners in the state (PRISONER)

State government must try to project spending in many areas. Expenditure on the criminal justice system is one of continually rising cosst. Your job is to build a model that can be used to forecast spending on a state's criminal justice system. Any of the three possible explanatory variables can be used. Be sure to consider violation of any assumptions in building your model and correct any violations. Once your model is complete, predict expenditures for a state that plans to hire 10,000 police personel, has a populations of 3 million, and expects 600 prisoners. Find a point prediction and a 95% prediction interval.

##### Purchase this Solution

##### Solution Summary

A Complete, Neat and Step-by-step Solution is provided in the attached Excel file.

##### Purchase this Solution

##### Free BrainMass Quizzes

##### Measures of Central Tendency

This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.

##### Terms and Definitions for Statistics

This quiz covers basic terms and definitions of statistics.

##### Measures of Central Tendency

Tests knowledge of the three main measures of central tendency, including some simple calculation questions.

##### Know Your Statistical Concepts

Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.