The Manager of a Company Believed That Her Company's Profits

question 85

Short Answer

The manager of a company believed that her company's profits were following an exponential trend.She used Microsoft Excel to obtain a prediction equation for the logarithm (base 10)of profits:
log₁₀(Profits)= 2 + 0.3X
The data she used were from 2003 through 2008,coded 0 to 5.The forecast for 2009 profits is _______.

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Definitions:

Form Control

A user interface element such as text boxes, buttons, or sliders that allows users to interact with a form.

Class Modules

In programming, a type of module used to define custom classes which include methods, properties, and events.

Command Button

A graphical user interface element that users can interact with to perform an action, such as submitting a form or opening a new window.

Built-in Access Functions

Predefined functions provided within Microsoft Access that perform a variety of tasks, such as calculations, data conversion, and data manipulation.