Let YY represent the profit (or loss) for a certain company XX years after 1965. Based...

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Question

Let YY represent the profit (or loss) for a certain company XX years after 1965. Based...

Let YY represent the profit (or loss) for a certain company XX years after 1965. Based on the data shown below, a statistician calculates a linear model Y=−2.09X+22.14Y=-2.09X+22.14.

x	y
1	20.15
2	17.98
3	16.21
4	12.94
5	11.77
6	9.9

Use the model to estimate the profit in `1967

y =

math Statistics-And-Probability

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Answer 1

Answer #1

For 1967:

x = 1967 - 1965 = 2

Hence,

Estimated profit in 1967 = -2.09 * 2 + 22.14 = 17.96

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Answer 2

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Let ŷ represent the profit (in thousands of dollars) for a certain company xx years after...

Let Y represent the profit (or loss) for a certain company X years after 1975.

Let Y represent the profit (or loss) for a certain company X years after 1970. Based...

Question 7 < > 50/2 pts 53 399 Details Let Y represent the profit (or loss)...

Annual high temperatures in a certain location have been tracked for several years. Let X represent...

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Add Answer to:
Let YY represent the profit (or loss) for a certain company XX years after 1965. Based...