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The total revenue for Costco Wholesale Corporation is given here. Total Revenue Year (billions of $) 2012 99.10 2013 105.16 2014 112.64 2015 116.20 2016 118.72 (a) What variables are appropriate? O C (total cost for Costco Wholesale Corp. in billions of $) and P (total profit for Costco Wholesale Corp. in billions of $) ot (years since 2010) and R (total revenue for Costco Wholesale Corp. i billions of $) Ot (years since 2010) and P (total profit for Costco Wholesale Corp. in billions of $) ot (years since 2010) and C (total cost for Costco Wholesale Corp. in billions of $) OR (total revenue for Costco Wholesale Corp. in billions of $) and C (tot cost for Costco Wholesale Corp. in billions of $) (b) Find an equation for a model of these data. (Use the first and last values in the table to calculate your equation. Round the slope to two decimal places and the vertical intercept to one decimal place.) ---Select-- (c) What is the slope of this model? Explain its meaning in this situation. O The slope is 4.91. Each year the total revenue for Costco Wholesale Corp. goes up by about $4.91 billion. O The slope is 89.3. Each year the total revenue for Costco Wholesale Corp. goes up by about $89.3 billion. O The slope is 4.91. Over this time period, the total revenue for Costco Wholesale Corp. goes up by about $4.91 billion. O The slope is 89.3. Over this time period, the total revenue for Costco Wholesale Corp. goes up by about $89.3 billion. (d) Estimate the total revenue for Costco Wholesale Corporation in 2022. (Rou your answer to the nearest tenth of a billion dollars. Include units in your answer. More information.) In 2022, the total revenue for Costco Wholesale Corp. is estimated to be

The total revenue for Costco Wholesale Corporation is given here. Total Revenue Year (billions of $) 2012 99.10 2013 105.16 2014 112.64 2015 116.20 2016 118.72 (a) What variables are appropriate? O C (total cost for Costco Wholesale Corp. in billions of $) and P (total profit for Costco Wholesale Corp. in billions of $) ot (years since 2010) and R (total revenue for Costco Wholesale Corp. i billions of $) Ot (years since 2010) and P (total profit for Costco Wholesale Corp. in billions of $) ot (years since 2010) and C (total cost for Costco Wholesale Corp. in billions of $) OR (total revenue for Costco Wholesale Corp. in billions of $) and C (tot cost for Costco Wholesale Corp. in billions of $) (b) Find an equation for a model of these data. (Use the first and last values in the table to calculate your equation. Round the slope to two decimal places and the vertical intercept to one decimal place.) ---Select-- (c) What is the slope of this model? Explain its meaning in this situation. O The slope is 4.91. Each year the total revenue for Costco Wholesale Corp. goes up by about $4.91 billion. O The slope is 89.3. Each year the total revenue for Costco Wholesale Corp. goes up by about $89.3 billion. O The slope is 4.91. Over this time period, the total revenue for Costco Wholesale Corp. goes up by about $4.91 billion. O The slope is 89.3. Over this time period, the total revenue for Costco Wholesale Corp. goes up by about $89.3 billion. (d) Estimate the total revenue for Costco Wholesale Corporation in 2022. (Rou your answer to the nearest tenth of a billion dollars. Include units in your answer. More information.) In 2022, the total revenue for Costco Wholesale Corp. is estimated to be

Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
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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The total revenue for Costco Wholesale Corporation is given here. Total Revenue Year (billions of $) 2012 99.10 2013 105.16 2014 112.64 2015 116.20 2016 118.72 (a) What variables are appropriate? O C (total cost for Costco Wholesale Corp. in billions of $) and P (total profit for Costco Wholesale Corp. in billions of $) ot (years since 2010) and R (total revenue for Costco Wholesale Corp. in billions of $) Ot (years since 2010) and P (total profit for Costco Wholesale Corp. in billions of $) Ot (years since 2010) and C (total cost for Costco Wholesale Corp. in billions of $) OR (total revenue for Costco Wholesale Corp. in billions of $) and C (total cost for Costco Wholesale Corp. in billions of $) (b) Find an equation for a model of these data. (Use the first and last values in the table to calculate your equation. Round the slope to two decimal places and the vertical intercept to one decimal place.) ---Select--- (c) What is the slope of this model? Explain its meaning in this situation. O The slope is 4.91. Each year the total revenue for Costco Wholesale Corp. goes up by about $4.91 billion. O The slope is 89.3. Each year the total revenue for Costco Wholesale Corp. goes up by about $89.3 billion. O The slope is 4.91. Over this time period, the total revenue for Costco Wholesale Corp. goes up by about $4.91 billion. O The slope is 89.3. Over this time period, the total revenue for Costco Wholesale Corp. goes up by about $89.3 billion. (d) Estimate the total revenue for Costco Wholesale Corporation in 2022. (Round your answer to the nearest tenth of a billion dollars. Include units in your answer. More information.) In 2022, the total revenue for Costco Wholesale Corp. is estimated to be
Transcribed Image Text:The total revenue for Costco Wholesale Corporation is given here. Total Revenue Year (billions of $) 2012 99.10 2013 105.16 2014 112.64 2015 116.20 2016 118.72 (a) What variables are appropriate? O C (total cost for Costco Wholesale Corp. in billions of $) and P (total profit for Costco Wholesale Corp. in billions of $) ot (years since 2010) and R (total revenue for Costco Wholesale Corp. in billions of $) Ot (years since 2010) and P (total profit for Costco Wholesale Corp. in billions of $) Ot (years since 2010) and C (total cost for Costco Wholesale Corp. in billions of $) OR (total revenue for Costco Wholesale Corp. in billions of $) and C (total cost for Costco Wholesale Corp. in billions of $) (b) Find an equation for a model of these data. (Use the first and last values in the table to calculate your equation. Round the slope to two decimal places and the vertical intercept to one decimal place.) ---Select--- (c) What is the slope of this model? Explain its meaning in this situation. O The slope is 4.91. Each year the total revenue for Costco Wholesale Corp. goes up by about $4.91 billion. O The slope is 89.3. Each year the total revenue for Costco Wholesale Corp. goes up by about $89.3 billion. O The slope is 4.91. Over this time period, the total revenue for Costco Wholesale Corp. goes up by about $4.91 billion. O The slope is 89.3. Over this time period, the total revenue for Costco Wholesale Corp. goes up by about $89.3 billion. (d) Estimate the total revenue for Costco Wholesale Corporation in 2022. (Round your answer to the nearest tenth of a billion dollars. Include units in your answer. More information.) In 2022, the total revenue for Costco Wholesale Corp. is estimated to be
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Step 1

The total revenue for Costco wholesale Corporation is given by

         Year                  Total revenue (billions of $)

          2012                   99.10

          2013                   105.16

          2014                    112.64

          2015                    116.20

          2016                    118.72

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