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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. What is the estimated revenue of Amazon in 2049? billion US dollars. Round to the nearest billion US dollars.

MATLAB: An Introduction with Applications
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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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. What is the estimated revenue of Amazon in 2049? billion US dollars. Round to the nearest billion US dollars.
Transcribed Image Text: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.
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