The annual profits for a company are given in the following table, where x represents the number of years since 2006, 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. Profits (y) (in thousands of dollars) Years since 2006 (x) 137 135 171 3. 165 4. 202
The annual profits for a company are given in the following table, where x represents the number of years since 2006, 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. Profits (y) (in thousands of dollars) Years since 2006 (x) 137 135 171 3. 165 4. 202
Chapter4: Linear Functions
Section: Chapter Questions
Problem 28PT: For the following exercises, use Table 4 which shows the percent of unemployed persons 25 years or...
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