Question 11 Let ŷ represent the profit (or loss) for a certain company years after 1960. Based on the data shown below, a statistician calculates a linear model = 1.56x + 12.77. 2 บ 1 14.04 2 16.08 3 15.32 4 18.56 5 21.7 6 23.64 7 22.48 8 27.12 09012345 26.86 28.4 11 31.14 12 30.78 33.02 34.46 35 Use the model to estimate the profit in 1965. Round to the nearest cent. The estimated profit in 1965 is $ Question Help: Video Submit Question Enter an integer or decimal number [more..]
Question 11 Let ŷ represent the profit (or loss) for a certain company years after 1960. Based on the data shown below, a statistician calculates a linear model = 1.56x + 12.77. 2 บ 1 14.04 2 16.08 3 15.32 4 18.56 5 21.7 6 23.64 7 22.48 8 27.12 09012345 26.86 28.4 11 31.14 12 30.78 33.02 34.46 35 Use the model to estimate the profit in 1965. Round to the nearest cent. The estimated profit in 1965 is $ Question Help: Video Submit Question Enter an integer or decimal number [more..]
Chapter4: Linear Functions
Section4.3: Fitting Linear Models To Data
Problem 23SE: The US. import of wine (in hectoliters) for several years is given in Table 5. Determine whether the...
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