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:

Project Complexity

The extent of various interrelated factors within a project, such as tasks, resources, stakeholders, and their impact on project execution.

Planning Phase

An initial stage in project management where objectives are defined, and the steps to achieve them are planned.

Risk Management

The approach of spotting, assessing, and mitigating dangers to a corporation's assets and income.

Closeout Phase

The final stage of a project where activities are completed, deliverables are finalized, and the project is handed over or closed.