In the given question , two models R1 and R2 are given for revenue (in millions of dollars) for a corporation. Both models are estimates of revenues from 2020 through 2025, with t = 0 corresponding to 2020. Which model projects the greater revenue? How much more total revenue does thatmodel project over the six-year period? R1 =7.21 + 0.58t R2 =7.21 + 0.45t
Equations and Inequations
Equations and inequalities describe the relationship between two mathematical expressions.
Linear Functions
A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.
In the given question , two models R1 and R2 are given for revenue (in millions of dollars) for a corporation. Both models are estimates of revenues from 2020 through 2025, with t = 0 corresponding to 2020. Which model projects the greater revenue? How much more total revenue does that
model project over the six-year period?
R1 =7.21 + 0.58t
R2 =7.21 + 0.45t
Trending now
This is a popular solution!
Step by step
Solved in 3 steps