The following table represents the annual sales of a bakery for the last 7 years since the grand opening
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The table is a linear regression model, and the equation of the regression model is y = 0.24x + 0.77
See attachment for the required scatter plot
From the attached scatter plot, we can see that the points are almost on a straight line
Hence, the best model that fits the scatter plot is a linear model
Using a graphing calculator, we have the following calculation summary:
The regression equation is represented as:
y = bx + a
So, we have:
y = 0.23929x + 0.77143
Approximate
y = 0.24x + 0.77
Hence, the equation of the regression model is y = 0.24x + 0.77
Read more about regression models at:
https://brainly.com/question/13345245
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