Question 4 The following table of values gives a company's annual profits in millions of dollars. Rescale the data so that the year 2003 corresponds to x = 0. Year c) 0.3786 d) 0.3286 e) 0.5214 f) None of the above Profits (in millions of dollars) 2003 2004 2005 2006 2007 2008 17.1 16.8 15.9 17.1 17.3 18.4 Find the cubic regression model for the data. Which of these is the coefficient of the x² term of the cubic regression model? a) ○ 1.1143 b) 0.0143

College Algebra
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ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
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Question 4
The following table of values gives a company's annual profits in millions of dollars. Rescale the data so that the year 2003 corresponds to x = 0.
b) 0.0143
c) 0.3786
d) 0.3286
e) 0.5214
Year
f) None of the above
2003
Profits (in millions of dollars) 17.1
2004 2005 2006
Find the cubic regression model for the data. Which of these is the coefficient of the x² term of the cubic regression model?
a) ○ 1.1143
2007
2008
16.8 15.9 17.1 17.3 18.4
Review Later
Transcribed Image Text:Question 4 The following table of values gives a company's annual profits in millions of dollars. Rescale the data so that the year 2003 corresponds to x = 0. b) 0.0143 c) 0.3786 d) 0.3286 e) 0.5214 Year f) None of the above 2003 Profits (in millions of dollars) 17.1 2004 2005 2006 Find the cubic regression model for the data. Which of these is the coefficient of the x² term of the cubic regression model? a) ○ 1.1143 2007 2008 16.8 15.9 17.1 17.3 18.4 Review Later
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