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Solve the Problem Use the Data to Find the Least-Squares Regression Line

question 380

Multiple Choice

Solve the problem.
-The data in the table shows the number of violent crimes in a certain city in the even years since 2000.  Years Since 2000(x)  Number of  Violent Crimes (y)  01923344364685710631278\begin{array}{c|c}\begin{array}{c}\text { Years Since } \\\mathbf{2 0 0 0}(\boldsymbol{x}) \end{array} & \begin{array}{c}\text { Number of } \\\text { Violent Crimes (y) }\end{array} \\\hline 0 & 19 \\\hline 2 & 33 \\\hline 4 & 43 \\\hline 6 & 46 \\\hline 8 & 57 \\\hline 10 & 63 \\\hline 12 & 78\end{array}

Use the data to find the least-squares regression line. Round the slope and yy -intercept to 1 decimal pl Use the model to approximate the number of violent crimes in the city in 2005.2005 .

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Definitions:

Sales Returns and Allowances

A reduction in sales revenue that occurs when customers return products or receive discounts for unsatisfactory goods.

Income Statement

A financial statement that shows a company's revenues, expenses, and profits over a specific period, providing insight into operational efficiency.

Periodic Inventory System

An accounting approach where inventory and cost of goods sold are calculated at set periods, rather than continuously.

Acquisition of Inventory

The process of obtaining goods or materials for sale or use, either through purchase or production.

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