Let y represent the profit (or loss) for a certain company x years after 1960. Based on the data shown below, a statistician calculates a linear model y 3.03x +44.05. = X 3 4 5 6 7 8 9 10 11 12 13 14 Y 34.53 32.7 29.27 26.64 22.61 18.58 15.35 12.82 12.49 8.76 4.83 0.99999999999999 Use the model to estimate the profit in 1971. Round to the nearest cent. The estimated profit in 1971 is $
Let y represent the profit (or loss) for a certain company x years after 1960. Based on the data shown below, a statistician calculates a linear model y 3.03x +44.05. = X 3 4 5 6 7 8 9 10 11 12 13 14 Y 34.53 32.7 29.27 26.64 22.61 18.58 15.35 12.82 12.49 8.76 4.83 0.99999999999999 Use the model to estimate the profit in 1971. Round to the nearest cent. The estimated profit in 1971 is $
Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
Problem 3TI: Table 6 shows the population, in thousands, of harbor seals in the Wadden Sea over the years 1997 to...
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![Let y represent the profit (or loss) for a certain company x years after 1960. Based on the data shown
3.03x+44.05.
below, a statistician calculates a linear model y
=
X
3
4
5
6
7
8
9
10
95
11
12
13
14
Y
34.53
32.7
29.27
26.64
22.61
18.58
15.35
12.82
12.49
8.76
4.83
0.99999999999999
Use the model to estimate the profit in 1971. Round to the nearest cent.
The estimated profit in 1971 is $](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F83d299e1-5621-45ae-8760-8a0f4e0e3873%2F29fc9aee-ff75-430f-812e-545742b21225%2Fc8uw8nv_processed.png&w=3840&q=75)
Transcribed Image Text:Let y represent the profit (or loss) for a certain company x years after 1960. Based on the data shown
3.03x+44.05.
below, a statistician calculates a linear model y
=
X
3
4
5
6
7
8
9
10
95
11
12
13
14
Y
34.53
32.7
29.27
26.64
22.61
18.58
15.35
12.82
12.49
8.76
4.83
0.99999999999999
Use the model to estimate the profit in 1971. Round to the nearest cent.
The estimated profit in 1971 is $
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