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The annual net income of MAC Industries since 2005 is given below. Years t (since 2005) 1 4 6 12 15Net Income $1,500 $2,500 $2,875
The annual net income of MAC Industries since 2005 is given below. Years t (since 2005) 1 4 6 12 15Net Income $1,500 $2,500 $2,875 $2,850 $2,250a. Create a scatter plot that includes your curve of best fit on top of the data. You should try several functions and make your choice based on best r-squared value. b. Find the year that Net Income was at its highest point.c. What was the income in that year?
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