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Two Models R1=7.21+0.58tR _ { 1 } = 7.21 + 0.58 t

question 71

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Two models, R1=7.21+0.58tR _ { 1 } = 7.21 + 0.58 t and R2=7.21+0.43tR _ { 2 } = 7.21 + 0.43 t , are given for revenue (in billions of dollars per year) for a large corporation. Both models are estimates of revenues for 2007 through 2011, with t = 7 corresponding to 2007. Which model is projecting the greater revenue? How much more total revenue does that model project over the five-year period?


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