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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![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..]](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa79d060d-c4c9-4996-8545-fa7a2f923385%2Fd699541e-ab45-4703-9d8a-f58a1076e970%2Fesznsdn_processed.jpeg&w=3840&q=75)
Transcribed Image Text: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..]
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