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  3. 6. the following data represents a company’s rev

6. The following data represents a company’s revenue in millions of dollars. Year: 2010 2012 2014...

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Advance Math

6. The following data represents a company’s revenue in millionsof dollars. Year: 2010 2012 2014 2015 2016 2018 2019 Revenue: 30 3234 35 39 39 45 Let the year 2010 be the base year with x=0.

a) Model the data with a linear function using the points inyears 2010 and 2019. Round computed values to 2 decimal places.Also, using your model predict the revenue in the year 2021accurate to 3 decimal places.

b) Set up a table of (x, y) values to be used for a leastsquares model and find a linear least squares model y ax b = + forthe data. Express the coefficients a and b accurate to 3 decimalplaces. Also, what is the 2 R value accurate to 3 decimalplaces?

c) Use your least squares model to predict the revenue in 2020accurate to 3 decimal places and graph the actual and predictedrevenue data superimposed on the same graph.

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