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11-11-2022
Mathematics

Answered

The annual profits for a company are given in the following table, where x represents the number of years since 2006, 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 2014, rounded to the nearest thousand dollars.

The annual profits for a company are given in the following table where x represents the number of years since 2006 and y represents the profit in thousands of class=

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