asked 106k views
4 votes
The annual profits for a company are given in the following table, where x represents the number of years since 1997, 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 tenth. Using this equation, find the projected profit (in thousands of dollars) for 2005, rounded to the nearest thousand dollars.

asked
User Jordeu
by
8.6k points

1 Answer

3 votes

Answer: use the line of best fit

Explanation:

answered
User Aviendha
by
7.7k points
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