Question 4 The following table of values gives a company's annual profits in millions of dollars. Rescale the data so that the year 2003 corresponds to x = 0. Year c) 0.3786 d) 0.3286 e) 0.5214 f) None of the above Profits (in millions of dollars) 2003 2004 2005 2006 2007 2008 17.1 16.8 15.9 17.1 17.3 18.4 Find the cubic regression model for the data. Which of these is the coefficient of the x² term of the cubic regression model? a) ○ 1.1143 b) 0.0143

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
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Chapter2: Second-order Linear Odes
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Question 4
The following table of values gives a company's annual profits in millions of dollars. Rescale the data so that the year 2003 corresponds to x = 0.
b) 0.0143
c) 0.3786
d) 0.3286
e) 0.5214
Year
f) None of the above
2003
Profits (in millions of dollars) 17.1
2004 2005 2006
Find the cubic regression model for the data. Which of these is the coefficient of the x² term of the cubic regression model?
a) ○ 1.1143
2007
2008
16.8 15.9 17.1 17.3 18.4
Review Later
Transcribed Image Text:Question 4 The following table of values gives a company's annual profits in millions of dollars. Rescale the data so that the year 2003 corresponds to x = 0. b) 0.0143 c) 0.3786 d) 0.3286 e) 0.5214 Year f) None of the above 2003 Profits (in millions of dollars) 17.1 2004 2005 2006 Find the cubic regression model for the data. Which of these is the coefficient of the x² term of the cubic regression model? a) ○ 1.1143 2007 2008 16.8 15.9 17.1 17.3 18.4 Review Later
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Given: Question 4. Here we have given the table of values gives a company's annual profit in million of dollars.

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To find: Rescale the data so that the year 2003 corresponds to 0 and find the coefficient of x2 in cubic regression model.

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