Let ŷ represent the profit (in thousands of dollars) for a certain company xx years after 1965. A statistician calculates a linear model ŷ = 0.38xx + 15 Use the model to estimate the profit in 1973. Your answer should be in dollars, not thousands of dollars. Profit =$

Let ŷ represent the profit (in thousands of dollars) for a certain company xx years after 1965. A statistician calculates a linear model ŷ = 0.38xx + 15 Use the model to estimate the profit in 1973. Your answer should be in dollars, not thousands of dollars. Profit =$

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Let ŷ represent the profit (in thousands of dollars) for a certain company xx years after 1965. A statistician calculates a linear model

ŷ = 0.38xx + 15

Use the model to estimate the profit in 1973. Your answer should be in dollars, not thousands of dollars.

Profit =$

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