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Let y represent the profit (or loss) for a certain company x years after 1980. Based on the data shown below, a statistician calculates a linear model ŷ = = 1.92x + 53.29. X y 5 42.62 6 40.78 7 38.74 8 37.2 9 36.76 10 36.32 11 33.88 12 31.54 13 29.4 14 27.86 15 22.92 16 21.38 17 20.04 18 18 Use the model to estimate the profit in 1995. Round to the nearest cent. The estimated profit in 1995 is $

Let y represent the profit (or loss) for a certain company x years after 1980. Based on the data shown below, a statistician calculates a linear model ŷ = = 1.92x + 53.29. X y 5 42.62 6 40.78 7 38.74 8 37.2 9 36.76 10 36.32 11 33.88 12 31.54 13 29.4 14 27.86 15 22.92 16 21.38 17 20.04 18 18 Use the model to estimate the profit in 1995. Round to the nearest cent. The estimated profit in 1995 is $

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
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Let y represent the profit (or loss) for a certain company years after 1980. Based on the data shown below, a statistician calculates a linear model î 1.92x + 53.29. = X Y 5 42.62 6 40.78 7 38.74 8 37.2 9 36.76 10 36.32 11 33.88 12 31.54 29.4 14 27.86 15 22.92 16 21.38 17 20.04 18 18 34 13 Use the model to estimate the profit in 1995. Round to the nearest cent. The estimated profit in 1995 is $
Transcribed Image Text:Let y represent the profit (or loss) for a certain company years after 1980. Based on the data shown below, a statistician calculates a linear model î 1.92x + 53.29. = X Y 5 42.62 6 40.78 7 38.74 8 37.2 9 36.76 10 36.32 11 33.88 12 31.54 29.4 14 27.86 15 22.92 16 21.38 17 20.04 18 18 34 13 Use the model to estimate the profit in 1995. Round to the nearest cent. The estimated profit in 1995 is $
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