Can you discuss the potential pitfalls of this scenario? The regression equation based on data from years 1 thru 10 is, y = 6 + 32 x Where, X = Year We want to forecast a result in year 20, i.e. find value of y when x = 20 Solution : The forecast result in year 20 is, y = 6 + (32)*(20) y = 6 + 640 y = 646 The forecast result in year 20 is 646.

Can you discuss the potential pitfalls of this scenario? The regression equation based on data from years 1 thru 10 is, y = 6 + 32 x Where, X = Year We want to forecast a result in year 20, i.e. find value of y when x = 20 Solution : The forecast result in year 20 is, y = 6 + (32)*(20) y = 6 + 640 y = 646 The forecast result in year 20 is 646.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter4: Equations Of Linear Functions

Section: Chapter Questions

Problem 44SGR

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