Homework Help is Here – Start Your Trial Now!
Math
Statistics
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
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
See similar textbooks
icon
Related questions
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
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman
SEE MORE TEXTBOOKS