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
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ISBN:9780079039897
Author:Carter
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Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
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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
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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