The table shows the net profits (in millions of dollars) for Microsoft from 2003 through 2010....
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The table shows the net profits (in millions of dollars) for Microsoft from 2003 through 2010. (Source: Microsoft Corp.) Year Net Profit 10,526 11,330 2003 2004 2005 2006 12,715 12,599 Year Net Profit 2007 2008 14,065 17,681 14,569 2009 2010 18,760 (a) Set up a system of equations to fit the data for the years 2003, 2004, 2005, and 2006 to a cubic model. (b) Solve the system. Does the solution produce a reasonable model for determining net profits after 2006? Explain. The table shows the net profits (in millions of dollars) for Microsoft from 2003 through 2010. (Source: Microsoft Corp.) Year Net Profit 10,526 11,330 2003 2004 2005 2006 12,715 12,599 Year Net Profit 2007 2008 14,065 17,681 14,569 2009 2010 18,760 (a) Set up a system of equations to fit the data for the years 2003, 2004, 2005, and 2006 to a cubic model. (b) Solve the system. Does the solution produce a reasonable model for determining net profits after 2006? Explain.
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a To fit the data for the years 2003 2004 2005 and 2006 to a cubic model we can set up a system of e... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0324312140
16th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
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