A Fortune 500 company is tracking revenues versus cash flow for recent years, and the data is
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A Fortune 500 company is tracking revenues versus cash flow for recent years, and the data is shown in the table below. Consider cash flow to be the dependent variable. Determine the best-fit linear regression equation for this data set (all dollar amounts are in thousands).
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Revenues ($000s) Cash Flow ($000s) 237 241 229 284 307 Table 14.11 82 86 77 94 93
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The bestfit linear regression equation for this data set can be determined using the slopeinterce...View the full answer
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