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 ý = 0.26x + 3.99. 2 4.68 3 4.62 4 5.36 5.6 6. 3.84 7 6.78 8. 6.22 9. 6.26 10 6.2 11 7.74 12 6.68 Use the model to estimate the profit in 1963. Round to the nearest cent. The estimated profit in 1963 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 ý = 0.26x + 3.99. 2 4.68 3 4.62 4 5.36 5.6 6. 3.84 7 6.78 8. 6.22 9. 6.26 10 6.2 11 7.74 12 6.68 Use the model to estimate the profit in 1963. Round to the nearest cent. The estimated profit in 1963 is $
MATLAB: An Introduction with Applications
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Author:Amos Gilat
Publisher:Amos Gilat
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Question
![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 ŷ = 0.26x + 3.99.
2
4.68
3
4.62
4
5.36
5.6
6
3.84
7
6.78
8
6.22
9.
6.26
10
6.2
11
7.74
12
6.68
Use the model to estimate the profit in 1963. Round to the nearest cent.
The estimated profit in 1963 is $](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5a843028-8731-4a8b-9e11-9dabb942f910%2F3a277d82-9f2c-47d4-90b7-b5229999ec51%2F2t53069_processed.jpeg&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
below, a statistician calculates a linear model ŷ = 0.26x + 3.99.
2
4.68
3
4.62
4
5.36
5.6
6
3.84
7
6.78
8
6.22
9.
6.26
10
6.2
11
7.74
12
6.68
Use the model to estimate the profit in 1963. Round to the nearest cent.
The estimated profit in 1963 is $
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