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Using the revenue data for Yaster Inc. for the past few years, we apply linear regression to the data to find a model y= 33.2 x− 90.5, 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.

Using the revenue data for Yaster Inc. for the past few years, we apply linear regression to the data to find a model y= 33.2 x− 90.5, 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.

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
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
Chapter3: Straight Lines And Linear Functions
Section3.3: Modeling Data With Linear Functions
Problem 18E: Tax Table Here are selected entries from the 2014 tax table that show the federal income tax owed by...
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Using the revenue data for Yaster Inc. for the past few years, we apply linear regression to the data to find a model

y= 33.2 x− 90.5,

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.

The annual revenue of Amazon is given in the table below (source). Year 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 Amazon Annual Revenue (Billions of US dollars) 386.064 280.522 232.887 177.866 135.987 107.006 88.988 74.452 61.093 48.077 34.204 See the Regression page in the Chapter 1: Linear Equations and Graphs module for details on creating a regression model. Apply linear regression to the data in the table to find a model y = mx + b, where y is Amazon's annual revenue in billions of US dollars, and is the number of years since 2010. Use the model y = mx + b with m rounded to the nearest tenth and 6 rounded to the nearest hundredth to answer the questions 1-3 below.
Transcribed Image Text:The annual revenue of Amazon is given in the table below (source). Year 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 Amazon Annual Revenue (Billions of US dollars) 386.064 280.522 232.887 177.866 135.987 107.006 88.988 74.452 61.093 48.077 34.204 See the Regression page in the Chapter 1: Linear Equations and Graphs module for details on creating a regression model. Apply linear regression to the data in the table to find a model y = mx + b, where y is Amazon's annual revenue in billions of US dollars, and is the number of years since 2010. Use the model y = mx + b with m rounded to the nearest tenth and 6 rounded to the nearest hundredth to answer the questions 1-3 below.
Amazon annual/quarterly revenue history and growth rate from 2010 to 2022. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. • Amazon revenue for the quarter ending June 30, 2022 was $121.234B, a 7.21% increase year-over-year. • Amazon revenue for the twelve months ending June 30, 2022 was $485.902B, a 9.61% increase year-over-year. • Amazon annual revenue for 2021 was $469.822B, a 21.7% increase from 2020. • Amazon annual revenue for 2020 was $386.064B, a 37.62% increase from 2019. Amazon annual revenue for 2019 was $280.522B, a 20.45% increase from 2018. .
Transcribed Image Text:Amazon annual/quarterly revenue history and growth rate from 2010 to 2022. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. • Amazon revenue for the quarter ending June 30, 2022 was $121.234B, a 7.21% increase year-over-year. • Amazon revenue for the twelve months ending June 30, 2022 was $485.902B, a 9.61% increase year-over-year. • Amazon annual revenue for 2021 was $469.822B, a 21.7% increase from 2020. • Amazon annual revenue for 2020 was $386.064B, a 37.62% increase from 2019. Amazon annual revenue for 2019 was $280.522B, a 20.45% increase from 2018. .
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