Use the model found above to answer this question. In what year will the estimated revenue of Walmart be 1,416 billion US dollars? Note: I am asking for the year, not the number of years since 2000. This may happen between two years. Round to the nearest year. 2,094

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.2: Arithmetic Sequences
Problem 68E
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6.

Walmart Annual
Revenue
(Billions of US
Year
dollars)
2021
559.151
2020
523.964
2019
514.405
2018
500.343
2017
485.873
2016
482.130
2015
485.651
2014
|476.294
2013
468.651
2012
446.509
2011
421.849
2010
408.085
2009
404.254
2008
377.023
2007
348.368
2006
312.101
2005
284.310
Apply linear regression to the data in the table to find a model
y
= mx + b,
where y is Walmart's annual revenue in billions of US dollars, and x is the number of
years since 2000.
Transcribed Image Text:Walmart Annual Revenue (Billions of US Year dollars) 2021 559.151 2020 523.964 2019 514.405 2018 500.343 2017 485.873 2016 482.130 2015 485.651 2014 |476.294 2013 468.651 2012 446.509 2011 421.849 2010 408.085 2009 404.254 2008 377.023 2007 348.368 2006 312.101 2005 284.310 Apply linear regression to the data in the table to find a model y = mx + b, where y is Walmart's annual revenue in billions of US dollars, and x is the number of years since 2000.
Use the model found above to answer this question.
In what year will the estimated revenue of Walmart be 1,416 billion US dollars?
Note: I am asking for the year, not the number of years since 2000. This may happen
between two years. Round to the nearest year.
2,094
Transcribed Image Text:Use the model found above to answer this question. In what year will the estimated revenue of Walmart be 1,416 billion US dollars? Note: I am asking for the year, not the number of years since 2000. This may happen between two years. Round to the nearest year. 2,094
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Use the model found above to answer this question.
In what year will the estimated revenue of Walmart be 1,179 billion US dollars? Note: I am asking
for the year, not the number of years since 2000. This may happen between two years. Round to
the nearest year.
2,079|
Transcribed Image Text:Use the model found above to answer this question. In what year will the estimated revenue of Walmart be 1,179 billion US dollars? Note: I am asking for the year, not the number of years since 2000. This may happen between two years. Round to the nearest year. 2,079|
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