The Annual Sales (In Billions of Dollars) of Global Positioning

question 204

Multiple Choice

The annual sales (in billions of dollars) of global positioning systems (GPS) equipment from 2000 through 2006 follow (sales in 2004 through 2006 are projections) . Here, corresponds to 2000. Find an equation of the least-squares line for these data. Please round coefficients to the nearest hundredth if necessary. Use the equation found to estimate the annual sales of GPS equipment for 2005.

• A) $17.91 billion
• B) $22.66 billion
• C) $24.23 billion
• D) $21.52 billion
• E) $20.93 billion

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Definitions:

Virtual Democracy

A form of democracy that utilizes digital technologies and the internet to facilitate participation in governance processes.

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The concept that entertainment and media have become significant in shaping national culture, identity, and politics, with some governments actively engaging in or controlling it for propaganda or unity.

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A situation where a small number of individuals or companies control a large share of the market or resources.

Commercialism

A practice or attitude that places emphasis on the maximization of profit and the marketability of goods and services.