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Let ŷ represent the profit (or loss) for a certain company I years after 1965. Based on the data shown below, a statistician calculates a linear model ŷ = 1.93z + 9.40. H y 4 17.34 5 20 6 20.36 7 22.12 8 24.48 9 26.84 10 28.2 11 31.36 12 32.62 Use the model to estimate the profit in 1971. Round to the nearest cent. The estimated profit in 1971 is $

Let ŷ represent the profit (or loss) for a certain company I years after 1965. Based on the data shown below, a statistician calculates a linear model ŷ = 1.93z + 9.40. H y 4 17.34 5 20 6 20.36 7 22.12 8 24.48 9 26.84 10 28.2 11 31.36 12 32.62 Use the model to estimate the profit in 1971. Round to the nearest cent. The estimated profit in 1971 is $

College Algebra
College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter4: Linear Functions
Section4.3: Fitting Linear Models To Data
Problem 22SE: The U.S. Census tracks the percentage of persons 25 years or older who are college graduates. That...
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Let ŷ represent the profit (or loss) for a certain company I years after 1965. Based on the data shown below, a statistician calculates a linear model ŷ = 1.93z + 9.40. H ม 4 17.34 5 20 6 20.36 7 22.12 8 24.48 9 26.84 10 28.2 11 31.36 12 32.62 Use the model to estimate the profit in 1971. Round to the nearest cent. The estimated profit in 1971 is $
Transcribed Image Text:Let ŷ represent the profit (or loss) for a certain company I years after 1965. Based on the data shown below, a statistician calculates a linear model ŷ = 1.93z + 9.40. H ม 4 17.34 5 20 6 20.36 7 22.12 8 24.48 9 26.84 10 28.2 11 31.36 12 32.62 Use the model to estimate the profit in 1971. Round to the nearest cent. The estimated profit in 1971 is $
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