Mathematics, 02.04.2021 20:30 ineedhelp2285
The annual profits for a company are given in the following table, where x represents the number of years since 2003, 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.
Years since 2003 (x) Profits (y) (in thousands of dollars)
0 64
1 75
2 81
3 126
4 137
Answers: 1
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The annual profits for a company are given in the following table, where x represents the number of...
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