For the following exercises, consider this scenario: The profit of a company increased steadily over a ten-year

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For the following exercises, consider this scenario: The profit of a company increased steadily over a ten-year span. The following ordered pairs show the number of units sold in hundreds and the profit in thousands of over the ten-year span, (number of units sold, profit) for specific recorded years:

(46, 250), (48, 305), (50, 350), (52, 390), (54, 410).

Use linear regression to determine a function y, where the profit in thousands of dollars depends on the number of units sold in hundreds.

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Precalculus

ISBN: 9781938168345

1st Edition

Authors: Jay Abramson

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