Question 5 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 Profits (in millions of dollars) 51.7 2003 2004 2005 2006 2007 2008 Use the cubic regression model to predict the company's profits in 2010. a) $64.8 million b) $74.1 million $73.2 million d) $72.6 million 53.2 51.9 52.2 56.1 58.3
Question 5 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 Profits (in millions of dollars) 51.7 2003 2004 2005 2006 2007 2008 Use the cubic regression model to predict the company's profits in 2010. a) $64.8 million b) $74.1 million $73.2 million d) $72.6 million 53.2 51.9 52.2 56.1 58.3
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Transcribed Image Text:Question 5
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
d) $72.6 million
e) $87.1 million
f) None of the above
2003 2004 2005 2006 2007 2008
Profits (in millions of dollars) 51.7
Use the cubic regression model to predict the company's profits in 2010.
a) O $64.8 million
b) $74.1 million
c) $73.2 million
53.2 51.9 52.2 56.1
58.3
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