The annual profits for a company are given in the following table, where x represents the number of years since 1998, and y represents 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, find the projected profit
(in thousands of dollars) for 2006, rounded to the nearest thousand dollars.
Years since 1998 (x)
Profits (y)
(in thousands of dollars)
0
72
1
84
2
104
3
156