Given two revenue models (in millions of dollars) for a large corporation, where both models are...
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Given two revenue models (in millions of dollars) for a large corporation, where both models are estimates of revenues from 2015 through 2040 and t = 0 corresponds to the beginning of 2015. R = 5.69 +0.31t+ 0.051² R = 5.69 +0.16t+ 0.011² Hints: Sketch a graph of the 2 functions, also think about the definition of time carefully along with the time period asked for below. Which model predicts the greater revenue? OR= 5.69 +0.31t+ 0.05t² OR = 5.69 +0.16t+0.01² How much more revenue does that greater revenue model predict over the 5 year period from 2031 through 2035? (Round your answer to three decimal places.) Given two revenue models (in millions of dollars) for a large corporation, where both models are estimates of revenues from 2015 through 2040 and t = 0 corresponds to the beginning of 2015. R = 5.69 +0.31t+ 0.051² R = 5.69 +0.16t+ 0.011² Hints: Sketch a graph of the 2 functions, also think about the definition of time carefully along with the time period asked for below. Which model predicts the greater revenue? OR= 5.69 +0.31t+ 0.05t² OR = 5.69 +0.16t+0.01² How much more revenue does that greater revenue model predict over the 5 year period from 2031 through 2035? (Round your answer to three decimal places.)
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ANSWER The model R predicts greater revenue than the model O... View the full answer
Related Book For
Basic Business Statistics Concepts and Applications
ISBN: 978-0132168380
12th edition
Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel
Posted Date:
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