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
Question

answer please!

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
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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