Solved

The Following Table Shows the Annual Revenues (In Millions of Dollars)of

Question 69

Multiple Choice

The following table shows the annual revenues (in millions of dollars) of a pharmaceutical company over the period 1990-2011. The following table shows the annual revenues (in millions of dollars) of a pharmaceutical company over the period 1990-2011.     The Excel scatterplot shown indicates that the annual revenues have an increasing trend.Therefore,linear,exponential,quadratic,and cubic models were used to fit the trend,and the following relevant information became available after applying linear regression.   Which of the following is the revenue forecast for 2012 found by the linear trend equation? A)  About 2 billion 149 million dollars B)  About 2 billion and 189 million dollars C)  About 2 billion and 334 million dollars D)  About 2 billion and 34 million dollars The following table shows the annual revenues (in millions of dollars) of a pharmaceutical company over the period 1990-2011.     The Excel scatterplot shown indicates that the annual revenues have an increasing trend.Therefore,linear,exponential,quadratic,and cubic models were used to fit the trend,and the following relevant information became available after applying linear regression.   Which of the following is the revenue forecast for 2012 found by the linear trend equation? A)  About 2 billion 149 million dollars B)  About 2 billion and 189 million dollars C)  About 2 billion and 334 million dollars D)  About 2 billion and 34 million dollars The Excel scatterplot shown indicates that the annual revenues have an increasing trend.Therefore,linear,exponential,quadratic,and cubic models were used to fit the trend,and the following relevant information became available after applying linear regression. The following table shows the annual revenues (in millions of dollars) of a pharmaceutical company over the period 1990-2011.     The Excel scatterplot shown indicates that the annual revenues have an increasing trend.Therefore,linear,exponential,quadratic,and cubic models were used to fit the trend,and the following relevant information became available after applying linear regression.   Which of the following is the revenue forecast for 2012 found by the linear trend equation? A)  About 2 billion 149 million dollars B)  About 2 billion and 189 million dollars C)  About 2 billion and 334 million dollars D)  About 2 billion and 34 million dollars Which of the following is the revenue forecast for 2012 found by the linear trend equation?


A) About 2 billion 149 million dollars
B) About 2 billion and 189 million dollars
C) About 2 billion and 334 million dollars
D) About 2 billion and 34 million dollars

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents