If X represents the time in months and Y represents the profit in thousands for a business, A) What is the equation of the straight line that fits the data" "best?" What is the profit when (1)X=12? (2) X=36? c)What are the number of months required to earn a profit of (1) Y=$75,000? (2) Y-$125,000?

If X represents the time in months and Y represents the profit in thousands for a business, A) What is the equation of the straight line that fits the data" "best?" What is the profit when (1)X=12? (2) X=36? c)What are the number of months required to earn a profit of (1) Y=$75,000? (2) Y-$125,000?

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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Question

Need help with this one on Linear Regression.

per
Use three /four decimals in your answers! Be careful & good luck.
1. XY If X represents the time in months and Y
represents the profit in thousands for a business,
A) What is the equation of the straight line that
fits the data best?"
ANTECION
2-3
4
7
1
5
11
12 What is the profit when (1) X=12? (2)X=36?
14 17 c) What are the number of months required to
earn a profit of (1) Y=$75,000? (2) Y-$125,000?
27 36 D) How good is this Fit?
19
23
M

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