A company is investigating the relationship between the number of paper clips it purchases (x) and its net income (y). A sharp quant methods analyst obtained a least squares regression line from available data, y= $106,729 - 0.8x. If x = 3000 paper clips are planned to be purchased next month. Predict next month's net income.

$104,329

Explanation:

Given that,

Least squares regression line from available data:

y = $106,729 - 0.8x

where,

y = Net income

x = Number of paper clips it purchases

If x = 3,000 paper clips are planned to be purchased next month then the next month's net income is calculated as follows:

= $106,729 - 0.8x

= $106,729 - (0.8 × 3,000)

= $106,729 - $2,400

= $104,329

the specific actions take by the fed. what the fed was attempting to do by taking these actions. the result of the actions taken by the fed

answercold,maybe nuclear war;