Walmart Revenue The annual revenue of Walmart is given in the table below (source ). Walmart Annual Revenue (Billions of US dollars) 559.151 523.964 514.405 500.343 485.873 Year 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 482.130 485.651 476.294 468.651 446.509 421.849 408.085 404.254 377.023 348.368 312.101 284.310 Apply linear regression to the data in the table to find a model y = mx + b, where y is Walmart's annual revenue in billions of US dollars, and is the number of years since 2000. Use the model y = mx + b with m rounded to the nearest tenth and b rounded to the nearest
Walmart Revenue The annual revenue of Walmart is given in the table below (source ). Walmart Annual Revenue (Billions of US dollars) 559.151 523.964 514.405 500.343 485.873 Year 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 482.130 485.651 476.294 468.651 446.509 421.849 408.085 404.254 377.023 348.368 312.101 284.310 Apply linear regression to the data in the table to find a model y = mx + b, where y is Walmart's annual revenue in billions of US dollars, and is the number of years since 2000. Use the model y = mx + b with m rounded to the nearest tenth and b rounded to the nearest
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.2: Percents And Proportions
Problem 18E
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Step 1
Introduction:
The response variable, y is Walmart Annual Revenue (Billions of US dollars), and the explanatory variable, x is the number of number of years since 2000, that is, x = Year – 2000.
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