Determine the least squares regression equation line

Reference no: EM131409294

McDonald's Corporation has reported the following values for total revenues and net income during the 1998 to 2005 period. All data are in billions of dollars:

1267_Table 001.jpg

Determine the least-squares regression equation line for estimating net income and interpret its slope. For a year in which total revenues are $18.0 billion, estimate the net income for that year.

Reference no: EM131409294

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