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Mathematics, 14.01.2020 21:31 lpssprinklezlps
Profit the net profits p (in millions of dollars) of medco health solutions from 2000 through 2009 are shown in the table.
year 2000 2001 2002 2003 2004
profit 216.8 256.6 361.6 425.8 481.6
year 2005 2006 2007 2008 2009
profit 602.0 729.8 912.0 1102.9 1280.3
a model for this data is given by p = 223.89e01979t, where t represents the year, with t = 0 corresponding to 2000.
(a) how well does the model fit the data?
(b) find a linear model for the data. how well does the linear model fit the data? which model, exponential or linear, is a better fit?
(c) use both models to predict the net profit in 2015.
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Profit the net profits p (in millions of dollars) of medco health solutions from 2000 through 2009 a...
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