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

question 106

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 2013 found by the trend regression equation with the best fit?

• A) About 2 billion and 337 million dollars
• B) About 2 billion and 95 million dollars
• C) About 2 billion and 248 million dollars
• D) About 2 billion and 290 million dollars

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Definitions:

Performance

Performance refers to the act of carrying out or accomplishing an action, task, or function.

Negotiation Stage

A phase in the negotiation process where parties discuss, propose, and approach mutual agreement.

Interests

Specific topics or activities that capture an individual's attention, curiosity, or concern, often leading to engagement or investment in those areas.

Implementation

The process of putting a decision or plan into effect; execution.