Above is a bar graph of (projected) total revenues in the global video streaming market from 2018 to 2026, in billions of U.S. dollars. What is the average annual growth rate from 2018 to 2026? Please convert your decimal to a percentage (i.e., 7.3 for 0.073) and then round to one decimal place. Incorrect answer:

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter11: Data Analysis And Displays
Section11.5: Choosing A Data Display
Problem 19E
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Above is a bar graph of (projected) total revenues in the global video streaming market from 2018 to 2026, in billions of U.S. dollars. What is the average annual growth rate from 2018 to 2026? Please convert your decimal to a percentage (i.e., 7.3 for 0.073) and then round to one decimal place.

Incorrect answer:

Global streaming projected market size 2018 to 2026 ($bn)
120
Revenue ($bn)
100
80
40
20
0
42.2
2018
50.5
59.1
I
2019
2020
72.2
2021
84.3
2022*
90.8
98.8
106.8
115
2023* 2024* 2025* 2026*
Sources: Grand View Research, pwc, Statista
Transcribed Image Text:Global streaming projected market size 2018 to 2026 ($bn) 120 Revenue ($bn) 100 80 40 20 0 42.2 2018 50.5 59.1 I 2019 2020 72.2 2021 84.3 2022* 90.8 98.8 106.8 115 2023* 2024* 2025* 2026* Sources: Grand View Research, pwc, Statista
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