Let Y represent the profit (or loss) for a certain company X years after 1975. Based on the data shown below, a statistician calculates a linear model Y = 0.39X+6.92. X 1 2 3 4 5 6 7 8 9 10 11 y 8.08 8.86 7.84 6.72 10.2 8.28 8.36 8.34 12.32 10.2 12.58 Use the model to estimate the profit in 1980
Let Y represent the profit (or loss) for a certain company X years after 1975. Based on the data shown below, a statistician calculates a linear model Y = 0.39X+6.92. X 1 2 3 4 5 6 7 8 9 10 11 y 8.08 8.86 7.84 6.72 10.2 8.28 8.36 8.34 12.32 10.2 12.58 Use the model to estimate the profit in 1980
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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![Let Y represent the profit (or loss) for a certain company X years after 1975. Based on the data shown
below, a statistician calculates a linear model Y = 0.39X+6.92.
X
y =
1
2
3
4
5
6
7
8
9
10
11
y
8.08
8.86
7.84
6.72
10.2
8.28
8.36
8.34
12.32
10.2
12.58
Use the model to estimate the profit in 1980](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff46f80e8-3867-420b-9669-32b5b9df7144%2F8605f62b-da2d-4293-a2b1-20552187abcf%2F75dnygp_processed.png&w=3840&q=75)
Transcribed Image Text:Let Y represent the profit (or loss) for a certain company X years after 1975. Based on the data shown
below, a statistician calculates a linear model Y = 0.39X+6.92.
X
y =
1
2
3
4
5
6
7
8
9
10
11
y
8.08
8.86
7.84
6.72
10.2
8.28
8.36
8.34
12.32
10.2
12.58
Use the model to estimate the profit in 1980
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