Walmart Revenue The annual revenue of Walmart is given in the table below (source e). Walmart Annual Revenue (Billions of US dollars) 559.151 Year 2021 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 = ma + b. where y is Walmart's annual revenue in billions of US dollars, and a is the number of years since
Use the model I attached below to answer the questions. Thanks!
1. What is the slope ? Round to the nearest tenth (1 decimal place).
2. What is the intercept ? Round to the nearest integer.
3. The value -6 should be used in the model to predict the revenue of Walmart in what year?
4.What is the estimated revenue of Walmart in 2089? Round to the nearest billion US dollars.
5. In what year will the estimated revenue of Walmart be 1,268 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.
6. Using the revenue data for Jesaki Inc. for the past few years, we apply linear regression to the data to find a model
y = 31.8 x-892,
where is Jesaki's annual revenue in billions of US dollars, and is the number of years since 2000. Use this model, together with the revenue model you found for Walmart to answer the question below.
When will Jesaki's revenue overtake Walmart?
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.
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