Hello,
It is the Fibonacci 's suit.
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.
2 answers:
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Answer:
Step-by-step explanation:
The missing parameters are:
--- Cost of marble countertops
--- Cost of retail markup
Required
The cost of marked up price
This implies that we calculate m(c(a))
We have:
can be written as:
Substitute:
Hence, the cost of marked up price is: