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This is homework assignment it’s statistics class thank you for your time

This is homework assignment it’s statistics class thank you for your time-example-1
User Claviska
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1 Answer

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20 votes

The best fit line given is:

P= -0.79t+20.95

P is the profit or loss

t is the time in years after 1965.

So, 1980-1965 = 15 => t=15

P= -0.79*15 +20.95

P= -11.85 + 20.95

P= 9,1

$9,1 thousands of dollars

User Nerdar
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