1st quadrant hope this helps!
Step-by-step explanation:
The total expenses stay the same at $92,039.
The income changes to 12,000 × $35 = $420,000.
So the profit is $420,000 − $92,039 = $327,961.
The equation of the least-squared regression line is: In(Element) = 2.305 - 0.101(Time).
<h3>What is a regression line?</h3>
A regression line displays the connection between scattered data points in any set. It shows the relation between the dependent y variable and independent x variables when there is a linear pattern.
According to the given problem,
From the table we can see,
ln(Element) is the dependent variable and Time is the independent variable.
The constant = 2.305,
Time = -0.101
Hence, we can conclude, our least squared regression line will be
In (Element) = 2.305 - 0.101 (Time).
Learn more about regression line here: brainly.com/question/7656407
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Answer:
I think its A = $14.68
Step-by-step explanation:
Answer:
Statements 1, 4, 5, 6
Step-by-step explanation:
None of the residuals is zero which means no point lies on the line
The residuals are all between -1 and 1, so are quite small
Making the regression line a good fit
