Use the model found above to answer this question.What is the estimated revenue of Amazon in 2077?____________ billion US dollars. Round to the nearest billion US dollars. Amazon annual/quarterly revenue history and growth rate from 2010 to 2022. Revenue can be defined as the amount ofmoney a company receives from its customers in exchange for the sales of goods or services. Revenue is the top lineitem on an income statement from which all costs and expenses are subtracted to arrive at net income.• Amazon revenue for the quarter ending June 30, 2022 was $121.234B, a 7.21% increase year-over-year.• Amazon revenue for the twelve months ending June 30, 2022 was $485.902B, a 9.61% increase year-over-year.• Amazon annual revenue for 2021 was $469.822B, a 21.7% increase from 2020.• Amazon annual revenue for 2020 was $386.064B, a 37.62% increase from 2019.Amazon annual revenue for 2019 was $280.522B, a 20.45% increase from 2018.. The annual revenue of Amazon is given in the table below (source).Year20202019201820172016201520142013201220112010Amazon AnnualRevenue(Billions of US dollars)386.064280.522232.887177.866135.987107.00688.98874.45261.09348.07734.204See the Regression page in the Chapter 1: Linear Equations and Graphs module for details oncreating a regression model.Apply linear regression to the data in the table to find a modely = mx + b,where y is Amazon's annual revenue in billions of US dollars, and is the number of years since2010.Use the model y = mx + b with m rounded to the nearest tenth and 6 rounded to the nearesthundredth to answer the questions 1-3 below.

Given: The below table is given: Year (x) Revenue (y) 2020 386.064 2019 280.522 2018…

Answered: What is the estimated revenue of Amazon…

What is the estimated revenue of Amazon in 2077? ____________ billion US dollars. Round to the nearest billion US dollars.

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Question

Use the model found above to answer this question.

What is the estimated revenue of Amazon in 2077?

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

Amazon annual/quarterly revenue history and growth rate from 2010 to 2022. Revenue can be defined as the amount of
money a company receives from its customers in exchange for the sales of goods or services. Revenue is the top line
item on an income statement from which all costs and expenses are subtracted to arrive at net income.
• Amazon revenue for the quarter ending June 30, 2022 was $121.234B, a 7.21% increase year-over-year.
• Amazon revenue for the twelve months ending June 30, 2022 was $485.902B, a 9.61% increase year-over-year.
• Amazon annual revenue for 2021 was $469.822B, a 21.7% increase from 2020.
• Amazon annual revenue for 2020 was $386.064B, a 37.62% increase from 2019.
Amazon annual revenue for 2019 was $280.522B, a 20.45% increase from 2018.
.

The annual revenue of Amazon is given in the table below (source).
Year
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
Amazon Annual
Revenue
(Billions of US dollars)
386.064
280.522
232.887
177.866
135.987
107.006
88.988
74.452
61.093
48.077
34.204
See the Regression page in the Chapter 1: Linear Equations and Graphs 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 is the number of years since
2010.
Use the model y = mx + b with m rounded to the nearest tenth and 6 rounded to the nearest
hundredth to answer the questions 1-3 below.

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