Use the model found above to answer this question. In what year will the estimated revenue of Amazon be 1,450 billion US dollars? Note: I am asking for the year, not the number of years since 2010. This may happen between two years. Round to the nearest year.
Use the model found above to answer this question. In what year will the estimated revenue of Amazon be 1,450 billion US dollars? Note: I am asking for the year, not the number of years since 2010. This may happen between two years. Round to the nearest year.
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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F6
).
| Year | Amazon Annual 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 |
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
\[ y = mx + b, \]
where \( y \) is Amazon's annual revenue in billions of US dollars, and \( x \) is the number of years since 2010.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fea6ddd78-5d51-4e2d-8762-122e3c25fe21%2F28be567c-79ac-44ae-8918-42f86ff03d1a%2Fy5mba3s_processed.png&w=3840&q=75)
Transcribed Image Text:### Amazon Revenue
The annual revenue of Amazon is given in the table below ([source](#)).
| Year | Amazon Annual 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 |
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
\[ y = mx + b, \]
where \( y \) is Amazon's annual revenue in billions of US dollars, and \( x \) is the number of years since 2010.
![**Use the model found above to answer this question:**
**Question:** In what year will the estimated revenue of Amazon be 1,450 billion US dollars?
*Note:* I am asking for the year, not the number of years since 2010. This may happen between two years. Round to the nearest year.
**Answer:**
[Input box for answer]](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fea6ddd78-5d51-4e2d-8762-122e3c25fe21%2F28be567c-79ac-44ae-8918-42f86ff03d1a%2Fr9wvxw_processed.png&w=3840&q=75)
Transcribed Image Text:**Use the model found above to answer this question:**
**Question:** In what year will the estimated revenue of Amazon be 1,450 billion US dollars?
*Note:* I am asking for the year, not the number of years since 2010. This may happen between two years. Round to the nearest year.
**Answer:**
[Input box for answer]
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