Exhibit 92
the Following Questions Are Based on the Problem Description

question 64

Essay

Exhibit 9.2
The following questions are based on the problem description and spreadsheet below.
A paint manufacturer is interested in knowing how much pressure in pounds per square inch,PSI)builds up inside aerosol cans at various temperatures degrees Fahrenheit).It has developed the following Excel spreadsheet of the results.

-Refer to Exhibit 9.2.What is the estimated regression function for this problem? Explain what the terms in your equation mean.
$$\widehat { \mathrm { Y } } _ { \mathrm { i } } = 38.1923 + 1.2447 \mathrm { X } _ { \mathrm { l i} }$$

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Definitions:

Business Enterprises

Organizations engaged in commercial, industrial, or professional activities, aiming to generate profits from their operations.

CICA Handbook

The official guide published by the Canadian Institute of Chartered Accountants detailing accounting standards and practices in Canada.

IFRS

International Financial Reporting Standards, which are a set of accounting standards developed by the International Accounting Standards Board (IASB).

U.S. GAAP

United States Generally Accepted Accounting Principles, the accounting standard adopted by the U.S. Securities and Exchange Commission (SEC) for financial reporting.