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Use the model found above to answer this question. In what year will the estimated revenue of Walmart be 1,416 billion US dollars? Note: I am asking for the year, not the number of years since 2000. This may happen between two years. Round to the nearest year. 2,094

Use the model found above to answer this question. In what year will the estimated revenue of Walmart be 1,416 billion US dollars? Note: I am asking for the year, not the number of years since 2000. This may happen between two years. Round to the nearest year. 2,094

Calculus For The Life Sciences
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.3: Special Probability Density Functions
Problem 36E
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Walmart Annual Revenue (Billions of US Year dollars) 2021 559.151 2020 523.964 2019 514.405 2018 500.343 2017 485.873 2016 482.130 2015 485.651 2014 |476.294 2013 468.651 2012 446.509 2011 421.849 2010 408.085 2009 404.254 2008 377.023 2007 348.368 2006 312.101 2005 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 x is the number of years since 2000.
Transcribed Image Text:Walmart Annual Revenue (Billions of US Year dollars) 2021 559.151 2020 523.964 2019 514.405 2018 500.343 2017 485.873 2016 482.130 2015 485.651 2014 |476.294 2013 468.651 2012 446.509 2011 421.849 2010 408.085 2009 404.254 2008 377.023 2007 348.368 2006 312.101 2005 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 x is the number of years since 2000.
Use the model found above to answer this question. In what year will the estimated revenue of Walmart be 1,416 billion US dollars? Note: I am asking for the year, not the number of years since 2000. This may happen between two years. Round to the nearest year. 2,094
Transcribed Image Text:Use the model found above to answer this question. In what year will the estimated revenue of Walmart be 1,416 billion US dollars? Note: I am asking for the year, not the number of years since 2000. This may happen between two years. Round to the nearest year. 2,094
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Use the model found above to answer this question. In what year will the estimated revenue of Walmart be 1,179 billion US dollars? Note: I am asking for the year, not the number of years since 2000. This may happen between two years. Round to the nearest year. 2,079|
Transcribed Image Text:Use the model found above to answer this question. In what year will the estimated revenue of Walmart be 1,179 billion US dollars? Note: I am asking for the year, not the number of years since 2000. This may happen between two years. Round to the nearest year. 2,079|
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