Answered: Annual Revenue (Billions of US dollars)…

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)

6th Edition

ISBN:9781337111348

Author:Bruce Crauder, Benny Evans, Alan Noell

Publisher:Bruce Crauder, Benny Evans, Alan Noell

Chapter5: A Survey Of Other Common Functions

Section5.1: Logistic Functions

Problem 16E: Cable TV The following table shows the number C. in millions, of basic subscribers to cable TV in...

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Related questions

Question

Year	Amazon Annual Revenue (Billions of US dollars)
2020	386.064
2019	280.522
2018	232.887
2017	177.866
2016	135.987
2015	107.006
2014	88.988
2013	74.452
2012	61.093
2011	48.077
2010	34.204

Use the model found above to answer this question.

Using the revenue data for Yaster Inc. for the past few years, we apply linear regression to the data to find a model

y= 34.3 x− 85.7,

where y is Yaster's annual revenue in billions of US dollars, and x is the number of years since 2010. Use this model, together with the revenue model you found for Amazon to answer the question below.

When will Yaster's revenue overtake Amazon?

Note: I am asking for the year, not the number of years since 2010. This may happen between two years. Round to the nearest year.

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