Let P represent the profit (or loss) in thousands of dollars for a certain company t years after 1965. t P 1 16.25 2 17.8 3 18.85 4 17.6 5 16.65 6 17.5 7 17.55 8 18.8 9 17.65 10 19.1 11 19.05 12 20.5 13 18.35 14 18.3 15 16.85 16 18.8 Based on the data shown above, a statistician calculates a linear model ˆP = 17.29+0.10t . Use the model to estimate the profit in 1969 . ˆP = thousand dollars Round your answer to two decimal places.

Let P represent the profit (or loss) in thousands of dollars for a certain company t years after 1965. t P 1 16.25 2 17.8 3 18.85 4 17.6 5 16.65 6 17.5 7 17.55 8 18.8 9 17.65 10 19.1 11 19.05 12 20.5 13 18.35 14 18.3 15 16.85 16 18.8 Based on the data shown above, a statistician calculates a linear model ˆP = 17.29+0.10t . Use the model to estimate the profit in 1969 . ˆP = thousand dollars Round your answer to two decimal places.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Related questions

Q: 1- Movie budget amounts (in million of dollars) 4.5 5 6.5 7…

A: The formula for finding a value corresponding to given percentile is as follows: c=n.p100 Where…

Q: Years of experience, x 0.5 2 4 5 7 9 10 12.5 13 16 18 20 22 25 Annual salary, y 45.2 49.9 54.7 59.3…

Q: For the data set 1 2 3 57 7 8 9 10 12 13 13 14 14 15 16 16 19 19 21 23 23 23 24 26 26 27 27 28 28 31…

A: Given data set: 1 16 31 52 65 2 16 32 52 66 3 19 34 53 70 5 19 35 54 71 7 21 35 55 71 7…

Q: Consider the given data for the percent of participation of the 18-24-year-old group, y, as a…

A: Given: The percent of participation of the 18-24-year-old group, y, as a function of years after…

Q: b) The symbol and value of the correlation coefficient are as follows: Round final answer to 3…

A: We have given the following data set:…

Q: learnod in the proui complete the questions below: (Round to 2 decimal places.) Hint: C is the…

A: Given observation C S F R 100 12 0.5 25 130 11 1.5 29 100 1 2 20 130 15 2 31 130 13 1.5…

Q: Line 1 Line 2 13.6 13.7 13.8 14.1 14.0 14.2 13.9 14.0 13.4 14.6 13.2 13.5

Q: Find the 25th, 50th, and 75th percentile from the following list of 33 data 4 10 12 15 19 23 27 31…

A: Given: n = 33 Formula Used: Percentile rank = P(n+1)100

Q: The average starting salary of individuals with a master's degree in statistics is normally…

Q: The following data gives the number of hours 55 students spent studying and their corresponding…

A: Provided sample data set: x (hours spent studying) 0 1 2 4 5 y (midterm grades) 66 75 78 84 96…

Q: 1. On any given day in Minnesota, there are an average of 205 car accidents. From a sample of 7 car…

A: We are given the data of car speed and likelihood of survival and we need to draw the scatterplot.

Q: The following table shows the weekly total sales (in dollars) at a small roadside fruit stand for…

A: Statistical hypothesis testing is an important method in inferential statistics. It is used to test…

Q: Create a linear model of the trend for the percent of participation of the 18-24-year-old group, y,…

A: 1. The linear model of the trend is conducted using Desmos. The software procedure is given below:…

Q: Below are percentages for annual sales growth and net sales attributed to loyalty card usage at 74…

A: The data on the percentages for annual sales growth and net sales attributed to loyalty card(punch…

Q: study was done to look at the relationship between number of vacation days employees take each year…

A: Solution: Let x = Vacation days and y = Sick days x y xy x2 y2 2 10 20 4 100 7 3 21 49 9…

Q: e total revenue percent of each agency

A: AAA Travel agency $86,700,000 Riser Group $63,200,000 Casto travel $62,900,000 Balboa travel…

Q: 11. The histogram below shows the scores of a class of senior learners in a year-end examination.…

A: The number of values corresponding to a class or observation is defined as the frequency of that…

Q: The following data show the household expenditure, income, number of adults in each of 17 households…

A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Below are percentages for annual sales growth and net sales attributed to loyalty card usage at 74…

A: There are two variables under Study: Annual sales growth (Y) and net sales attributed to loyalty…

Q: The following table shows actual sales and forecasts for the past 4 periods. Calculate the mean…

A: The mean absolute percentage erroe also known as mean absolute percentage deviation is a measure of…

Question

Let P represent the profit (or loss) in thousands of dollars for a certain company t

years after 1965.

t	P
1	16.25
2	17.8
3	18.85
4	17.6
5	16.65
6	17.5
7	17.55
8	18.8
9	17.65
10	19.1
11	19.05
12	20.5
13	18.35
14	18.3
15	16.85
16	18.8

Based on the data shown above, a statistician calculates a linear model

ˆP

= 17.29+0.10t

Use the model to estimate the profit in 1969 .
ˆP

= thousand dollars Round your answer to two decimal places.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Similar questions

4) The table shows, for the years 1997–2012, the mean hourly wage for residents of the town of Pity Me and the mean weekly rent paid by the residents. Mean hourly wage (dollars) Mean hour. Mean weekly rent (dollars) Mean weekly rent (dollars) Year Year (dollar 116 1997 57 10.38 2005 28.99 59 113 1998 10.89 2006 28.63 2007 1999 62 11.96 112 36.75 14.55 2000 63 12.46 2008 86 17.90 2001 86 17.72 2009 90 2002 2010 119 28.07 90 14.67 131 35.24 2003 2011 17.97 100 122 2004 2012 22.23 31.87 115 Find the least squares line that uses mean hourly wage to predict mean weekly rent. Round values to the nearest ten-thousandth. Include a scatter plot with the regression lino
The following table represents the percentage of the U.S. population who have completed four years of college or more from 1976 to 2016, by gender. Year 1976 1981 1986 1991 1996 2001 2006 2011 2016 % of Women 11.3 13.4 16.1 18.8 21.4 24.3 26.9 30.1 33.7 % of Men 18.6 21.1 23.2 24.3 26 28.2 29.2 30.8 33.2 (a) What is the AROC in the percentage of women who had completed four years of college or more from the year 1986 to 2006? (b) What is the AROC in the percentage of men who had completed four years of college or more from the year 1986 to 2006? (c) From the years 1976 to 1986, the AROC in the percentage of men who had completed 4 years or more of college is AROC for women is Σ %. (d) From the years 2006 to 2016, the AROC in the percentage of men who had completed 4 years or more of college is AROC for women is (e) What are the inferences you can make from your answers to parts (a)-(d)? Choose all that apply. Σ Σ Z %, and the A. The percentage of men who are completing 4 years of more…
In a large city, commuter trains are used to transport people into the downtown area. Trains arrive many times a day to a downtown station. While most are on time, some are late. The table shows on-time data from the past week. Train Status On Time Late Total Day of the Week Monday 32 8 40 Tuesday 24 16 40 Wednesday 37 3 40 Thursday 29 11 40 Friday 30 20 50 Total 152 58 210 What percentage of trains were late in this particular week? 27.6% 38.2% 40.0% 72.4%
At Center Hospital there is some concern about the high turnover of nurses. A survey was done to determine how long (in months) nurses had been in their current positions. The responses (in months) of 20 nurses were 23 5 14 25 36 27 42 12 8 7 15 29 26 28 11 20 31 8 36 Find the interquartile range. O 37.5 O 19.0 O 22.5 O 38.0 19.5
A college alumni Organization sent a survey to all recent graduates to ask their annual income. 20% of the alumni responded, and their mean annual income was $40,000 with a standard deviation of $10,000. Explain why these data should not be used to construct a confidence interval for the mean annual income of all recent graduates.
The domestic airfare for business travel for the current year and the previous year was reported. Below is a sample of 12 flights with their domestic airfares shown for both years. t-value=? (up to 3 decimal places) df=?
the data set 1 2 3 5 7 7 8 9 10 12 13 13 14 14 15 16 16 19 19 21 23 23 23 24 26 26 27 27 28 28 31 32 34 35 35 36 36 37 40 43 44 45 46 46 46 52 52 53 54 55 55 55 57 57 58 59 59 60 63 63 65 66 70 71 71 74 77 77 78 80 80 80 81 82 82 Send data to Excel Part 1 of 4 ,th (a) Find the 77" percentile. th The 77" percentile is Part 2 of 4 (b) Find the 42nd percentile. The 42nd percentile is
Consider the data sets shown. Year 1970 1975 1980 1981 1982 1983 1984 1985 Data Set Percentage Growth for Set J J 4 370 752 834 910 996 1056 1126 Data Set K 3 20 128 186 270 391 567 822 Percentage Growth for Set K |||