Use the model to estimate the profit in `1989 y =

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter4: Linear Functions
Section4.3: Fitting Linear Models To Data
Problem 22SE: The U.S. Census tracks the percentage of persons 25 years or older who are college graduates. That...
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Let Y represent the profit (or loss) for a certain company X years after 1980. Based on the data
shown below, a statistician calculates a linear model Y =- 0.08X + 21.70.
%3D
y
4
21.9
20.2
6.
22
7.
20.8
8
19.9
9.
21.9
10
22.1
11
19.7
Use the model to estimate the profit in 1989
y 3D
Transcribed Image Text:Let Y represent the profit (or loss) for a certain company X years after 1980. Based on the data shown below, a statistician calculates a linear model Y =- 0.08X + 21.70. %3D y 4 21.9 20.2 6. 22 7. 20.8 8 19.9 9. 21.9 10 22.1 11 19.7 Use the model to estimate the profit in 1989 y 3D
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