Online Advertising Revenue The data in the table below represent the U.S. online advertising revenues for the years 2005-2014.
(a) Using a graphing utility, draw a
(b) Based on the scatter diagram drawn in part (a), decide what model (linear, quadratic, cubic, exponential, logarithmic, or logistic) that you think best describes the relation between year and revenue.
(c) Using a graphing utitlity, find the model of best fit.
(d) Using a graphing utility, draw the model of best fit on the scatter diagram drawn in part (a).
(e) Use your model to predict the online advertising revenue in 2016.
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Precalculus Enhanced with Graphing Utilities (7th Edition)
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