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 2015, rounded to the nearest thousand dollars.
Years since 2007 (x)
Profits (y)
(in thousands of dollars)
0
60
1
88
2
128
3
130
4.
192