The Table Below Shows the Cost (In Millions of Dollars)

question 56

Multiple Choice

The table below shows the cost (in millions of dollars) of a 30-second ad during the Super Bowl for several years from 1987 to 2006. Use the regression feature of a graphing utility to find an exponential model for the data.Predict the cost of a 30-second ad during the Super Bowl in 2012.Round to the nearest ten thousand.

• A) $4.29 million
• B) $5.01 million
• C) $5.86 million
• D) $4.64 million
• E) $3.67 million

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Definitions:

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Situations or initiatives that offer the potential for a business to expand its operations, increase revenue, or enhance profitability.

Market-Product Grid Framework

A strategic tool used to explore potential opportunities by correlating market segments (customer groups) with products or services.

Financial Services Market

A market that comprises establishments engaged in transactions and activities related to financial services like banking, investment, and insurance.

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