Homework Help is Here – Start Your Trial Now!
Math
Algebra
Use the model found above to answer this question. In what year will the estimated revenue of Amazon be 1,328 billion US dollars? 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.

Use the model found above to answer this question. In what year will the estimated revenue of Amazon be 1,328 billion US dollars? 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.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.2: Percents And Proportions
Problem 18E
See similar textbooks
icon
Related questions
Question

6

Amazon Revenue The annual revenue of Amazon is given in the table below (source e ). Amazon Annual Revenue (Billions of US dollars) Year 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 See the Regression page in the Getting Started module for details on creating a regression model. Apply linear regression to the data in the table to find a model = mx + b, where y is Amazon's annual revenue in billions of US dollars, and x is the number of years since 2010. Use the model y = mx + b with m rounded to the nearest tenth and b rounded to the nearest hundredth to answer the questions 1-7 below.
Transcribed Image Text:Amazon Revenue The annual revenue of Amazon is given in the table below (source e ). Amazon Annual Revenue (Billions of US dollars) Year 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 See the Regression page in the Getting Started module for details on creating a regression model. Apply linear regression to the data in the table to find a model = mx + b, where y is Amazon's annual revenue in billions of US dollars, and x is the number of years since 2010. Use the model y = mx + b with m rounded to the nearest tenth and b rounded to the nearest hundredth to answer the questions 1-7 below.
Use the model found above to answer this question. In what year will the estimated revenue of Amazon be 1,328 billion US dollars? 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.
Transcribed Image Text:Use the model found above to answer this question. In what year will the estimated revenue of Amazon be 1,328 billion US dollars? 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.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Follow-up Questions
Read through expert solutions to related follow-up questions below.
Follow-up Question

7. please answer this . its. a part of it

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 = 33.4 x- 87.33, 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. 2,048
Transcribed Image Text: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 = 33.4 x- 87.33, 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. 2,048
Solution
Bartleby Expert
SEE SOLUTION
Follow-up Question

3. please answer this .

Use the model found above to answer this question.

What is the estimated revenue of Amazon in 2049?

                            billion US dollars.  Round to the nearest billion US dollars.

Use the model found above to answer this question. The value x = 40 should be used in the model to predict the revenue of Amazon in what year?
Transcribed Image Text:Use the model found above to answer this question. The value x = 40 should be used in the model to predict the revenue of Amazon in what year?
Solution
Bartleby Expert
SEE SOLUTION
Recommended textbooks for you
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning
SEE MORE TEXTBOOKS