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The chart below shows the profits earned per week by a business during the first 7 weeks after opening. Week 2. 3 4. Profit (in thousands) 4.1 0.8 1.1 8.5 16.7 a) Write a regression equation to model the situation. Explain why you chose this particular model. Submit

The chart below shows the profits earned per week by a business during the first 7 weeks after opening. Week 2. 3 4. Profit (in thousands) 4.1 0.8 1.1 8.5 16.7 a) Write a regression equation to model the situation. Explain why you chose this particular model. Submit

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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Answer please write a regression equation to model the situation
The chart below shows the profits earned per week by a business during the first 7 weeks after opening. Week 3 4 Profit (in thousands) 4.1 0.8 1.1 8.5 16.7 a) Write a regression equation to model the situation. Explain why you chose this particular model. Submit
Transcribed Image Text:The chart below shows the profits earned per week by a business during the first 7 weeks after opening. Week 3 4 Profit (in thousands) 4.1 0.8 1.1 8.5 16.7 a) Write a regression equation to model the situation. Explain why you chose this particular model. Submit
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