Let ŷ represent the profit (or loss) for a certain company years after 1970. Based on the data shown below, a statistician calculates a linear model ŷ =-2.03x + 30.89. I y 1 30.24 2 26.01 34567 25.98 21.75 19.02 18.09 16.66 8 16.43 9 12.6 Use the model to estimate the profit in 1973. Round to the nearest cent. The estimated profit in 1973 is $

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Let ŷ represent the profit (or loss) for a certain company 2 years after 1970. Based on the data shown
below, a statistician calculates a linear model ŷ -2.03 + 30,89.
T
y
1
30.24
2
26.01
3
25.98
4 21.75
5 19.02
6
18.09
7
16.66
8
16.43
9
12.6
Use the model to estimate the profit in 1973. Round to the nearest cent.
The estimated profit in 1973 is S
Transcribed Image Text:Let ŷ represent the profit (or loss) for a certain company 2 years after 1970. Based on the data shown below, a statistician calculates a linear model ŷ -2.03 + 30,89. T y 1 30.24 2 26.01 3 25.98 4 21.75 5 19.02 6 18.09 7 16.66 8 16.43 9 12.6 Use the model to estimate the profit in 1973. Round to the nearest cent. The estimated profit in 1973 is S
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