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 =
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 =
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 =](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc3259af9-a932-4053-852d-f850576150e0%2F75c2d9e7-88b5-41c9-9b39-ad1073cb0409%2Fho8umef_processed.png&w=3840&q=75)
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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