The gross profit for Exxon Mobil Corporation för various years is giveln nei Gross Profit (in billions of $) Year 2002 37 2003 47 2004 61 2005 75 2006 84 (a) What variables are appropriate? O t (years since 2000) and R (gross revenue in billions of dollars) Ot (years since 2000) and S (gross sales in billions of dollars) O s (gross sales in billions of dollars) and R (gross revenue in billions dollars) O P(gross profit in billions of dollars) and S (gross sales in billions of dollars) O t (years since 2000) and P (gross profit in billions of dollars) (b) Find an equation for a model of these data. (Use the first and third values in the table to calculate your equation.) P. (c) Give a reasonable domain and range for this model. Domain: O [0, 2010]

Algebra and Trigonometry (6th Edition)
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ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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O [2, 7]
O [0, 10]
O [5, 500]
О [35, 100]
Range:
O [0, 100]
O [0, 10]
О 173, 6013]
O [30, 92]
О 13, 133]
(d) According to your model, when will EXxon Mobil Corp. s gross profit be 110 billion dollars? (Round your answer to the nearest whole nu
In
the gross profit for Exxon Mobil Corp. was about 110 billion dollars.
(e) What is the slope of your model? Explain its meaning in regards to the gross profit.
O The slope is 12. This means there is an increase of s12 billion in gross profits for Exxon Mobile Corp. each year.
O The slope is 13. This means there is an increase of $13 billion in gross profits for Exxon Mobile Corp. each year.
O The slope is 13. This means there is a decrease of $13 billion in gross profits for Exxon Mobile Corp. each year.
O The slope is 12. This means there is a decrease of $12 billion in gross profits for Exxon Mobile Corp, each year.
() According to your model, what was Exxon Mobil Corp.s gross profit in 2010?
In 2010 Exxon Mobile Corp. had profits of s
billion.
Transcribed Image Text:O [2, 7] O [0, 10] O [5, 500] О [35, 100] Range: O [0, 100] O [0, 10] О 173, 6013] O [30, 92] О 13, 133] (d) According to your model, when will EXxon Mobil Corp. s gross profit be 110 billion dollars? (Round your answer to the nearest whole nu In the gross profit for Exxon Mobil Corp. was about 110 billion dollars. (e) What is the slope of your model? Explain its meaning in regards to the gross profit. O The slope is 12. This means there is an increase of s12 billion in gross profits for Exxon Mobile Corp. each year. O The slope is 13. This means there is an increase of $13 billion in gross profits for Exxon Mobile Corp. each year. O The slope is 13. This means there is a decrease of $13 billion in gross profits for Exxon Mobile Corp. each year. O The slope is 12. This means there is a decrease of $12 billion in gross profits for Exxon Mobile Corp, each year. () According to your model, what was Exxon Mobil Corp.s gross profit in 2010? In 2010 Exxon Mobile Corp. had profits of s billion.
The gross profit for Exxon Mobil Corporation for various years is given here.
Gross Profit
Year
(in billions of $)
2002
37
2003
47
2004
61
2005
75
2006
84
(a) What variables are appropriate?
O t (years since 2000) and R (gross revenue in billions of dollars)
O t (years since 2000) and S (gross sales in billions of dollars)
O S (gross sales in billions of dollars) and R (gross revenue in billions of dollars)
O P (gross profit in billions of dollars) and s (gross sales in billions of dollars)
O t (years since 2000) andP (gross profit in billions of dollars)
(b) Find an equation for a model of these data. (Use the first and third values in the table to calculate your equation.)
(c) Give a reasonable domain and range for this model.
Domain:
O [0, 2010]
O [2, 7]
Transcribed Image Text:The gross profit for Exxon Mobil Corporation for various years is given here. Gross Profit Year (in billions of $) 2002 37 2003 47 2004 61 2005 75 2006 84 (a) What variables are appropriate? O t (years since 2000) and R (gross revenue in billions of dollars) O t (years since 2000) and S (gross sales in billions of dollars) O S (gross sales in billions of dollars) and R (gross revenue in billions of dollars) O P (gross profit in billions of dollars) and s (gross sales in billions of dollars) O t (years since 2000) andP (gross profit in billions of dollars) (b) Find an equation for a model of these data. (Use the first and third values in the table to calculate your equation.) (c) Give a reasonable domain and range for this model. Domain: O [0, 2010] O [2, 7]
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