Use the model found above to answer this question. In what year will the estimated revenue of Amazon be 1,328 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.

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
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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.
Use the model found above to answer this question.
In what year will the estimated revenue of Amazon be 1,328
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.
Transcribed Image Text:Use the model found above to answer this question. In what year will the estimated revenue of Amazon be 1,328 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.
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Follow-up Questions
Read through expert solutions to related follow-up questions below.
Follow-up Question

7. please answer this . its. a part of it

Use the model found above to answer this question.
Using the revenue data for Yaster Inc. for the past few years, we apply linear regression to the data
to find a model
y = 33.4 x- 87.33,
where y is Yaster's annual revenue in billions of US dollars, and x is the number of years since
2010. Use this model, together with the revenue model you found for Amazon to answer the
question below.
When will Yaster's revenue overtake Amazon?
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.
2,048
Transcribed Image Text:Use the model found above to answer this question. Using the revenue data for Yaster Inc. for the past few years, we apply linear regression to the data to find a model y = 33.4 x- 87.33, where y is Yaster's annual revenue in billions of US dollars, and x is the number of years since 2010. Use this model, together with the revenue model you found for Amazon to answer the question below. When will Yaster's revenue overtake Amazon? 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. 2,048
Solution
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Follow-up Question

3. please answer this .

Use the model found above to answer this question.

What is the estimated revenue of Amazon in 2049?

                            billion US dollars.  Round to the nearest billion US dollars.

Use the model found above to answer this question.
The value x = 40 should be used in the model to predict the
revenue of Amazon in what year?
Transcribed Image Text:Use the model found above to answer this question. The value x = 40 should be used in the model to predict the revenue of Amazon in what year?
Solution
Bartleby Expert
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