Assignment:
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%.
Provide complete and step by step solution for the question and show calculations and use formulas.