Vid Mod 2.2: Linear Regression Let Y represent the profit (or loss) for a certain company X years after 1965. Based on the data shown below, a statistician calculates a linear model Y=0.04x+9.46. x y 5 10.8 6 9.92 7 8.74 8 9.56 9 9.18 10 10.2 11 10.02 12 8.44 13 11.76 Use the model to estimate the profit in `1977y =

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

Vid Mod 2.2: Linear Regression

Let Y represent the profit (or loss) for a certain company X years after 1965. Based on the data shown below, a statistician calculates a linear model Y=0.04x+9.46.

x y
5 10.8
6 9.92
7 8.74
8 9.56
9 9.18
10 10.2
11 10.02
12 8.44
13 11.76



Use the model to estimate the profit in `1977

y = 

Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman