Mathematics, 19.06.2020 18:57 salgado100400
The annual profits for a company are given in the following table, where x represents the number of years since 2007, and y represents the profit in thousands of dollars. Write the 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 2016, rounded to the nearest thousand dollars. Years since 2007 (x) Profits (y) (in thousands of dollars) The annual profits for a company are given in the following table, where x represents the number of years since 2007, and y represents the profit in thousands of dollars. Write the 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 2016, rounded to the nearest thousand dollars. Years since 2007 (x) Profits (y) (in thousands of dollars) 0 113 1 165 2 187 3 200 4 243
Answers: 2
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The annual profits for a company are given in the following table, where x represents the number of...
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