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1. The following equation can be used to model the revenue, in billions of dollars, for Starbucks during the early 2000's: Pn= 3.11 +0.47n where n is the number of years since 2002. a. We call 2002 the base year for this model. We can also call 2002 "Year 0", because that is when n is equal to zero. Find the value of Po. Show your work. Po = 3.11 +0.47(0) →Po 3.11 2002= 3.11 billion dollars b. Use a complete sentence to interpret your numerical answer from part (a).

1. The following equation can be used to model the revenue, in billions of dollars, for Starbucks during the early 2000's: Pn= 3.11 +0.47n where n is the number of years since 2002. a. We call 2002 the base year for this model. We can also call 2002 "Year 0", because that is when n is equal to zero. Find the value of Po. Show your work. Po = 3.11 +0.47(0) →Po 3.11 2002= 3.11 billion dollars b. Use a complete sentence to interpret your numerical answer from part (a).

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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G yout 3.5 Written Homew... References Mailings Review Normal a v Α' Α' V 2 T S Paragraph Styles E 1. The following equation can be used to model the revenue, in billions of dollars, for Starbucks during the early 2000's: Pn=3.11 +0.47n where n is the number of years since 2002. a. We call 2002 the base year for this model. We can also call 2002 "Year 0", because that is when n is equal to zero. Find the value of Po. Show your work. Po = 3.11 +0.47(0) → Po 3.11 2002= 3.11 billion dollars b. Use a complete sentence to interpret your numerical answer from part (a). Because Po is the year we are trying to figure out, we put it on the left side of the equation. Because we're trying to figure out the year 2002, which is the base year, we put a 0 in place of the n, because no years have passed since our base year. Because we're multiplying 0.47 by 0, it cancels out, leaving us with 3.11 for the answer. 211 Accessibility: Good to go OF ImagineBook ✓12 x² P ||| S View Search (Alt+Q) Help < >>
Transcribed Image Text:G yout 3.5 Written Homew... References Mailings Review Normal a v Α' Α' V 2 T S Paragraph Styles E 1. The following equation can be used to model the revenue, in billions of dollars, for Starbucks during the early 2000's: Pn=3.11 +0.47n where n is the number of years since 2002. a. We call 2002 the base year for this model. We can also call 2002 "Year 0", because that is when n is equal to zero. Find the value of Po. Show your work. Po = 3.11 +0.47(0) → Po 3.11 2002= 3.11 billion dollars b. Use a complete sentence to interpret your numerical answer from part (a). Because Po is the year we are trying to figure out, we put it on the left side of the equation. Because we're trying to figure out the year 2002, which is the base year, we put a 0 in place of the n, because no years have passed since our base year. Because we're multiplying 0.47 by 0, it cancels out, leaving us with 3.11 for the answer. 211 Accessibility: Good to go OF ImagineBook ✓12 x² P ||| S View Search (Alt+Q) Help < >>
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