The following table of values gives a company's annual profits in millions of dollars. Rescale the data so that the year 2001 corresponds to x = 0. Year Profits (in millions of dollars) Find the R² value for the exponential regression model. a) 0.7278 b) 0.7728 c) 0.7789 d) 0.7782 e) 0.0778 f) None of the above 2001 2002 2003 2004 2005 2006 23.8 25.2 26.3 28.9 27.6 28.4

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Question 7
The following table of values gives a company's annual profits in millions of dollars. Rescale the data so that the year 2001 corresponds to x = 0.
b) 0.7728
Find the R² value for the exponential regression model.
a) 0.7278
O 0.7789
Year
d) 0.7782
e) 0.0778
f) None of the above
Profits (in millions of dollars)
2001 2002 2003 2004 2005
23.8
25.2 26.3 28.9 27.6
2006
28.4
Review Later
Transcribed Image Text:Question 7 The following table of values gives a company's annual profits in millions of dollars. Rescale the data so that the year 2001 corresponds to x = 0. b) 0.7728 Find the R² value for the exponential regression model. a) 0.7278 O 0.7789 Year d) 0.7782 e) 0.0778 f) None of the above Profits (in millions of dollars) 2001 2002 2003 2004 2005 23.8 25.2 26.3 28.9 27.6 2006 28.4 Review Later
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