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

question 120

Multiple Choice

The following table shows the annual revenues (in millions of dollars) of a pharmaceutical company over the period 1990-2011. The scatterplot indicates that the annual revenues have an increasing trend. Linear, exponential, quadratic, and cubic models were fit to the data starting with t = 1, and the following output was generated. 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

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Definitions:

Halfway Houses

Facilities that provide a transition for individuals, such as recovering addicts or prisoners, back into society, offering support and supervision.

Poverty Line

A financial threshold below which individuals or families are considered to live in poverty, based on their income or consumption levels.

Poverty Rate

The percentage of people residing under the poverty threshold, signifying the degree of financial hardship in a community.

Higher Income

Refers to earnings that are above the median income level for a given region or population, often associated with greater economic stability and purchasing power.