The annual profits for a company are given in the following table, where x represents the number of years since 2003, 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 tenth. Using this equation, find the projected profit (in
thousands of dollars) for 2012, rounded to the nearest thousand dollars.
Years since 2003 (x)
Profits (y)
(in thousands of dollars)
0
85
1
117
2
126
3
168
4
203
5
5
223