For 1998 and 1999, quarterly revenue and net income (millions of dollars) for Pacer Technology were as

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For 1998 and 1999, quarterly revenue and net income (millions of dollars) for Pacer Technology were as shown here.

1998 1999 II II II IV II IV 9.99 10.56 7.38 6.27 8.32 9.97 Revenue $13.66 11.84 y = Net income 0.96 0.42 -0.39 0.30 0.45

Determine the least-squares regression line and interpret its slope. Estimate net income if the revenue figure is $10 million.

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Introduction To Business Statistics

ISBN: 9780324381436

6th Edition

Authors: Ronald M. Weiers

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Question Posted: Jun 09, 2018 05:10 AM

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For 1998 and 1999, quarterly revenue and net income (millions of dollars) for Pacer Technology were as

Question:

1998 1999 II II II IV II IV 9.99 10.56 7.38 6.27 8.32 9.97 Revenue $13.66 11.84 y = Net income 0.96 0.42 -0.39 0.30 0.45 0.28 0.43 0.39

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Introduction To Business Statistics

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