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

question 45

Multiple Choice

The following table shows the annual revenues (in millions of dollars) of a pharmaceutical company over the period 1990-2011. The Excel scatterplot shown indicates that the annual revenues have an increasing trend.Therefore,linear,exponential,quadratic,and cubic models were used to fit the trend,and the following relevant information became available after applying linear regression. 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 512 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:

Carbon Dioxide

A colorless, odorless gas produced by burning carbon and organic compounds and by respiration. It is naturally present in air and absorbed by plants in photosynthesis.

Photosynthesis

The process by which green plants and some other organisms use sunlight to synthesize foods with carbon dioxide and water.

Internal Concentration

The concentration of substances within a cell or organism in contrast to the external environment, crucial for maintaining homeostasis.

Hydrogen

The lightest and most abundant element in the universe, consisting of just one proton and one electron, and used in a variety of chemical and energy processes.