The annual profits for a company are given in the following table, where x represents the number of years since 2013, and y

Question

The annual profits for a company are given in the following table,
where x represents the number of years since 2013, 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, estimate the calendar year in which
the profits would reach 283 thousand dollars.
Profits (y)             Years since 2013 (x) (in thousands of dollars)
0                                162
1                                170
2                                162
3                                208
4                                214
5                               226
Regression Equation:
Final Answer:

Kunduz · Accepted Answer

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