Short Answer
The advertising expense and profit of a company in thousands of dollars for each of five years is given below:
a. Solve the normal equations to find the equation of the least-squares line which will allow us to predict profit from advertising expense.
b. Check your values of and using the "solutions of normal equation."
c. If advertising expense is to be for a particular year, predict the profit for that year.
Correct Answer:

Verified
Correct Answer:
Verified
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