The revenue (in billions of dollars) from artificial intelligence for enterprise applications in a country for the years from 2016 through 2027 can be modeled by y= 0.872x.762, where x is the number of years after 2015. (a) Graph the function for the years from 2015 through 2032. (b) Is the function increasing or decreasing over this period of time? (c) Is the graph concave up or down? (d) What is the revenue in 2035?

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.7: Exponential And Logarithmic Models
Problem 16TI: Recent data suggests that, as of 2013, the rate of growth predicted by Moore’s Law no longer holds....
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The revenue (in billions of dollars) from artificial intelligence for enterprise applications in a country for the years from 2016 through 2027 can be modeled by
y = 0.872x'./62 where x is the number of years after 2015.
(a) Graph the function for the years from 2015 through 2032.
(b) Is the function increasing or decreasing over this period of time?
(c) Is the graph concave up or down?
(d) What is the revenue in 2035?
Transcribed Image Text:The revenue (in billions of dollars) from artificial intelligence for enterprise applications in a country for the years from 2016 through 2027 can be modeled by y = 0.872x'./62 where x is the number of years after 2015. (a) Graph the function for the years from 2015 through 2032. (b) Is the function increasing or decreasing over this period of time? (c) Is the graph concave up or down? (d) What is the revenue in 2035?
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