The annual profits for a company are given in the following table, where x represents the number of years since 2010, and y represents the profit in thousands of dollars. Write tie linear regression equation that represents this set of data, rounding all coefficients to the nearest hundredth. Using this equation, find the projected profit (in thousands of dollars) for 2018, rounded to the nearest thousand dollars. Profits (y) (in thousands of dollars) Years since 2010 (x) 127 1 156 196 3 209 4 211
The annual profits for a company are given in the following table, where x represents the number of years since 2010, and y represents the profit in thousands of dollars. Write tie linear regression equation that represents this set of data, rounding all coefficients to the nearest hundredth. Using this equation, find the projected profit (in thousands of dollars) for 2018, rounded to the nearest thousand dollars. Profits (y) (in thousands of dollars) Years since 2010 (x) 127 1 156 196 3 209 4 211
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.CR: Chapter 1 Review
Problem 86CR
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The annual profits for a company are given in the following table, where x represents the number of years since 2006, and y represents the profit in thousands of dollars.
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