x Let ŷ represent the profit (in thousands of dollars) for a certain company years after 1965. A statistician calculates a linear model ŷ = 2.42x + 15 Use the model to estimate the profit in 1978. Your answer should be in dollars, not thousands of dollars. Profit =$

x Let ŷ represent the profit (in thousands of dollars) for a certain company years after 1965. A statistician calculates a linear model ŷ = 2.42x + 15 Use the model to estimate the profit in 1978. Your answer should be in dollars, not thousands of dollars. Profit =$

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

ChapterP: Prerequisites

SectionP.6: The Rectangular Coordinate System And Graphs

Problem 39E

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Question

Let ŷ represent the profit (in thousands of dollars) for a certain company years after 1965. A statistician
calculates a linear model
ŷ = 2.42x + 15
Use the model to estimate the profit in 1978. Your answer should be in dollars, not thousands of dollars.
Profit =$

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