The following table shows a company's annual revenue (in billions of dollars) for 2009 to 2014....

Transcribed Image Text:

The following table shows a company's annual revenue (in billions of dollars) for 2009 to 2014. Year Period (t) Revenue ($ billions) 2009 23.7 2010 29.3 2011 37.9 2012 4 50.3 2013 59.8 2014 6. 66.6 2. 3. (b) Develop a linear trend equation for this time series to forecast revenue (in billions of dollars). (Round your numerical values to three decimal places.) T= 9.09x + 12.76 x (c) What is the average revenue increase per year (in billions of dollars) that this company has been realizing? (Round your answer to three decimal. places.) $ 8.58 x billion (d) Compute an estimate of this company's revenue (in billions of dollars) for 2015. (Round your answer to two decimal places.) $ 76.85 X billion Submit Answer The following table shows a company's annual revenue (in billions of dollars) for 2009 to 2014. Year Period (t) Revenue ($ billions) 2009 23.7 2010 29.3 2011 37.9 2012 4 50.3 2013 59.8 2014 6. 66.6 2. 3. (b) Develop a linear trend equation for this time series to forecast revenue (in billions of dollars). (Round your numerical values to three decimal places.) T= 9.09x + 12.76 x (c) What is the average revenue increase per year (in billions of dollars) that this company has been realizing? (Round your answer to three decimal. places.) $ 8.58 x billion (d) Compute an estimate of this company's revenue (in billions of dollars) for 2015. (Round your answer to two decimal places.) $ 76.85 X billion Submit Answer

Answer rating: 100% (QA)

b from above Tt 127609097t c average revenue increase 9097 d predicted val1276790971... View the full answer