test of statistical cunning and insight: Using the images attached which best-fit line is better and why?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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 test of statistical cunning and insight:

Using the images attached which best-fit line is better and why?

Revenue: Silky Soaps, Inc.
S450,000.00
S400,000.00
R = 0.9743
S350,000.00
S300,000.00
S250,000.00
S200,000.00
S150,000.00
S100,000.00
$50,000.00
S-
2018
2020
2022
2024
2026
2028
2030
2032
Revenue: Last Man Alive Chili Corp.
$700,000.00
$600,000.00
R* = 0.961
$500,000.00
$400,000.00
$300,000.00
$200,000.00
$100,000.00
S-
2018
2020
2022
2024
2026
2028
2030
2032
Transcribed Image Text:Revenue: Silky Soaps, Inc. S450,000.00 S400,000.00 R = 0.9743 S350,000.00 S300,000.00 S250,000.00 S200,000.00 S150,000.00 S100,000.00 $50,000.00 S- 2018 2020 2022 2024 2026 2028 2030 2032 Revenue: Last Man Alive Chili Corp. $700,000.00 $600,000.00 R* = 0.961 $500,000.00 $400,000.00 $300,000.00 $200,000.00 $100,000.00 S- 2018 2020 2022 2024 2026 2028 2030 2032
Revenue: Silky Soaps, Inc.
S450,000.00
S400,000.00
R = 0.9743
S350,000.00
S300,000.00
S250,000.00
S200,000.00
S150,000.00
S100,000.00
$50,000.00
S-
2018
2020
2022
2024
2026
2028
2030
2032
Revenue: Last Man Alive Chili Corp.
$700,000.00
$600,000.00
R* = 0.961
$500,000.00
$400,000.00
$300,000.00
$200,000.00
$100,000.00
S-
2018
2020
2022
2024
2026
2028
2030
2032
Transcribed Image Text:Revenue: Silky Soaps, Inc. S450,000.00 S400,000.00 R = 0.9743 S350,000.00 S300,000.00 S250,000.00 S200,000.00 S150,000.00 S100,000.00 $50,000.00 S- 2018 2020 2022 2024 2026 2028 2030 2032 Revenue: Last Man Alive Chili Corp. $700,000.00 $600,000.00 R* = 0.961 $500,000.00 $400,000.00 $300,000.00 $200,000.00 $100,000.00 S- 2018 2020 2022 2024 2026 2028 2030 2032
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