Amazon Revenue The annual revenue of Amazon is given in the table below (source ). Amazon Annual Year Revenue (Billions of US dollars) 2020 386.064 2019 280.522 2018 232.887 2017 177.866 2016 135.987 2015 107.006 2014 88.988 2013 74.452 2012 61.093 2011 |48.077 2010 34.204

A First Course in Probability (10th Edition)
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Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Question 2
Use the model found above to answer this question.
What is the intercept b? Round to the nearest hundredth (2
decimal places).
-9.27
Transcribed Image Text:Question 2 Use the model found above to answer this question. What is the intercept b? Round to the nearest hundredth (2 decimal places). -9.27
Amazon Revenue
The annual revenue of Amazon is given in the table below (source e ).
Amazon Annual
Revenue
(Billions of US dollars)
Year
2020
386.064
2019
280.522
2018
232.887
2017
|177.866
2016
135.987
2015
107.006
2014
88.988
2013
74.452
2012
61.093
2011
48.077
2010
34.204
See the Regression page in the Getting Started module for details on creating a regression model.
Apply linear regression to the data in the table to find a model
= mx + b,
where y is Amazon's annual revenue in billions of US dollars, and x is the number of years since
2010.
Use the model y = mx + b with m rounded to the nearest tenth and b rounded to the nearest
hundredth to answer the questions 1-7 below.
Transcribed Image Text:Amazon Revenue The annual revenue of Amazon is given in the table below (source e ). Amazon Annual Revenue (Billions of US dollars) Year 2020 386.064 2019 280.522 2018 232.887 2017 |177.866 2016 135.987 2015 107.006 2014 88.988 2013 74.452 2012 61.093 2011 48.077 2010 34.204 See the Regression page in the Getting Started module for details on creating a regression model. Apply linear regression to the data in the table to find a model = mx + b, where y is Amazon's annual revenue in billions of US dollars, and x is the number of years since 2010. Use the model y = mx + b with m rounded to the nearest tenth and b rounded to the nearest hundredth to answer the questions 1-7 below.
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