The annual profits for a company are given in the following table, where x represents the number of years since 2012, and y repr
esents the profit in thousands of dollars. Write the linear regression equation that represents this set of data, rounding all coefficients to the nearest hundredth. Using this equation, estimate the calendar year in which the profits would reach 234 thousand dollars.
Step-by-step explanation: The median is the middle number in a sorted, ascending or descending, list of numbers and can be more descriptive of that data set than the average. Write all of the numbers and cross out a even amount of numbers on both sides. Image 1 shows your problem. If your problem had another number, you solve it differently. Check image 2.