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Let Y represent the profit (or loss) for a certain company X years after 1980. Based on the data shown below, a statistician calculates a
Let Y represent the profit (or loss) for a certain company X years after 1980. Based on the data shown below, a statistician calculates a linear model Y=0.86X+35.04=-0.86+35.04.
x | y |
---|---|
4 | 33.25 |
5 | 30.8 |
6 | 28.15 |
7 | 30 |
8 | 28.55 |
9 | 25.9 |
10 | 28.65 |
11 | 24.7 |
12 | 23.55 |
13 | 24.2 |
14 | 22.05 |
15 | 20.5 |
16 | 20.65 |
17 | 18.8 |
18 | 21.25 |
19 | 20.9 |
Use the model to estimate the profit in `1984 y =
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