Vid Mod 2.2: Linear Regression Let Y represent the profit (or loss) for a certain company X years after 1965. Based on the data shown below, a statistician calculates a linear model Y=0.04x+9.46. x y 5 10.8 6 9.92 7 8.74 8 9.56 9 9.18 10 10.2 11 10.02 12 8.44 13 11.76 Use the model to estimate the profit in `1977y =
Vid Mod 2.2: Linear Regression Let Y represent the profit (or loss) for a certain company X years after 1965. Based on the data shown below, a statistician calculates a linear model Y=0.04x+9.46. x y 5 10.8 6 9.92 7 8.74 8 9.56 9 9.18 10 10.2 11 10.02 12 8.44 13 11.76 Use the model to estimate the profit in `1977y =
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter4: Polynomial And Rational Functions
Section4.6: Variation
Problem 37E
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Vid Mod 2.2: Linear Regression
Let Y represent the profit (or loss) for a certain company X years after 1965. Based on the data shown below, a statistician calculates a linear model Y=0.04x+9.46.
x | y |
---|---|
5 | 10.8 |
6 | 9.92 |
7 | 8.74 |
8 | 9.56 |
9 | 9.18 |
10 | 10.2 |
11 | 10.02 |
12 | 8.44 |
13 | 11.76 |
Use the model to estimate the profit in `1977
y =
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