test of statistical cunning and insight:Using the images attached which best-fit line is better and why? Revenue: Silky Soaps, Inc.S450,000.00S400,000.00R = 0.9743S350,000.00S300,000.00S250,000.00S200,000.00S150,000.00S100,000.00$50,000.00S-20182020202220242026202820302032Revenue: Last Man Alive Chili Corp.$700,000.00$600,000.00R* = 0.961$500,000.00$400,000.00$300,000.00$200,000.00$100,000.00S-20182020202220242026202820302032 Revenue: Silky Soaps, Inc.S450,000.00S400,000.00R = 0.9743S350,000.00S300,000.00S250,000.00S200,000.00S150,000.00S100,000.00$50,000.00S-20182020202220242026202820302032Revenue: Last Man Alive Chili Corp.$700,000.00$600,000.00R* = 0.961$500,000.00$400,000.00$300,000.00$200,000.00$100,000.00S-20182020202220242026202820302032

Answered: test of statistical cunning and…

Math

Statistics

test of statistical cunning and insight: Using the images attached which best-fit line is better and why?

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter2: Equations And Inequalities

Section2.1: Equations

Problem 70E

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Question

test of statistical cunning and insight:

Using the images attached which best-fit line is better and why?

Revenue: Silky Soaps, Inc.
S450,000.00
S400,000.00
R = 0.9743
S350,000.00
S300,000.00
S250,000.00
S200,000.00
S150,000.00
S100,000.00
$50,000.00
S-
2018
2020
2022
2024
2026
2028
2030
2032
Revenue: Last Man Alive Chili Corp.
$700,000.00
$600,000.00
R* = 0.961
$500,000.00
$400,000.00
$300,000.00
$200,000.00
$100,000.00
S-
2018
2020
2022
2024
2026
2028
2030
2032

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