The following figure provides a bar chart showing the annual advertising revenue for Facebook from 2010 to 2017 (Facebook Annual Reports).    What is the variable of interest? Are the data categorical or quantitative? Are the data time series or cross-sectional? Comment on the trend of Facebook's annual advertising revenue over time.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.2: Arithmetic Sequences
Problem 24E
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The following figure provides a bar chart showing the annual advertising revenue for Facebook from 2010 to 2017 (Facebook Annual Reports). 

 

  1. What is the variable of interest?
  2. Are the data categorical or quantitative?
  3. Are the data time series or cross-sectional?
  4. Comment on the trend of Facebook's annual advertising revenue over time. 
45
40
35
30
25
20
15
10
5
2010
2011
2012
2013
2014
2015
2016
2017
Year
Ad vertising Revenue ($ Billions)
Transcribed Image Text:45 40 35 30 25 20 15 10 5 2010 2011 2012 2013 2014 2015 2016 2017 Year Ad vertising Revenue ($ Billions)
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Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If you want remaining sub-parts to be solved, then please resubmit the whole question and specify those sub-parts you want us to solve.

 

In the given data, we see that the x axis contains time points (Year) and the y-axis contains how the advertising revenue has changed over the years, in Facebook.

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