Let ŷ represent the profit (in thousands of dollars) for a certain company x years after 1970. A statistician calculates a linear model ŷ = 1.98x + 19 Use the model to estimate the profit in 1985....


Let ŷ represent the profit (in thousands of dollars) for a certain company x years after 1970. A statistician<br>calculates a linear model<br>ŷ = 1.98x + 19<br>Use the model to estimate the profit in 1985. Your answer should be in dollars, not thousands of dollars.<br>Profit =$<br>

Extracted text: Let ŷ represent the profit (in thousands of dollars) for a certain company x years after 1970. A statistician calculates a linear model ŷ = 1.98x + 19 Use the model to estimate the profit in 1985. Your answer should be in dollars, not thousands of dollars. Profit =$

Jun 11, 2022
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