Let Y represent the profit (or loss) for a certain company X years after 1965. Based on the data shown below, a statistician calculates a linear model Y = -0.53X + 22.91. X y 1 21.44 2 21.5 3 22.16 4 22.42 5 19.68 6 20.24 7 18.2 Use the model to estimate the profit in `1969 y =

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter4: Linear Functions
Section: Chapter Questions
Problem 8PT: Does Table 1 represent a linear function? If so, finda linear equation that models the data.
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Let Y represent the profit (or loss) for a certain company X years after 1965. Based on the data
shown below, a statistician calculates a linear model Y = -0.53X + 22.91.
X
y
1
21.44
2
21.5
3
22.16
4
22.42
5
19.68
6
20.24
7
18.2
Use the model to estimate the profit in 1969
y =
Transcribed Image Text:Let Y represent the profit (or loss) for a certain company X years after 1965. Based on the data shown below, a statistician calculates a linear model Y = -0.53X + 22.91. X y 1 21.44 2 21.5 3 22.16 4 22.42 5 19.68 6 20.24 7 18.2 Use the model to estimate the profit in 1969 y =
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