Let Y represent the profit (or loss) for a certain company X years after 1970. Based on the data shown below, a statistician calculates a linear model Y = 0.59X+4.98. X 2 3 4 اه اما 5 6 7 8 y 5.02 8.03 6.44 8.35 9.36 10.27 8.08 Use the model to estimate the profit in 1977 y =
Let Y represent the profit (or loss) for a certain company X years after 1970. Based on the data shown below, a statistician calculates a linear model Y = 0.59X+4.98. X 2 3 4 اه اما 5 6 7 8 y 5.02 8.03 6.44 8.35 9.36 10.27 8.08 Use the model to estimate the profit in 1977 y =
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 6PPS
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Question
![Let Y represent the profit (or loss) for a certain company X years after 1970. Based on the data shown
below, a statistician calculates a linear model Y = 0.59X+4.98.
X
2345678
y
5.02
y =
8.03
6.44
8.35
9.36
10.27
8.08
Use the model to estimate the profit in 1977](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F07f13fff-da74-47d0-a93c-3f8e73af9cdb%2Fccfd1512-730f-43ba-893f-8f741fd15f1a%2Fiu0r6v_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Let Y represent the profit (or loss) for a certain company X years after 1970. Based on the data shown
below, a statistician calculates a linear model Y = 0.59X+4.98.
X
2345678
y
5.02
y =
8.03
6.44
8.35
9.36
10.27
8.08
Use the model to estimate the profit in 1977
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