Answered step by step
Verified Expert Solution
Question
1 Approved Answer
One company that experienced huge pandemic - related growth was Zoom. Use technology to help you answer the questions below comparing Zoom's pre - pandemic
One company that experienced huge pandemicrelated growth was Zoom. Use technology to help you answer the questions below comparing Zoom's prepandemic and postpandemic revenues.
a Zoom reports revenue quarterly, so in this problem we will use the input variable to represent the number of quarters, with the first quarter represented in the table corresponding to Complete the values in the table, plot the data, select an appropriate modeling type and find the modeling equation.
tableQuarterZoom Revenue $ millions Q Q Q Q Q Q Q Q
b The data below is postpandemic data for Zoom revenue. Again, let the first quarter represented in the table correspond to Complete the table, plot the data, select an appropriate modeling type and find the modeling equation.
tableQuarterZoom Revenue $ millions Q Q Q Q Q Q Q Q
c Discuss the rate of change of Zoom's revenue before the pandemic. Refer to your model from part a in your answer.
d The rate of change of Zoom's revenue after the pandemic was not constant, based on the data and model from part b Select one of the statements below that you agree with, and then write a few sentences explaining why you chose that statement. Support your answer with good mathematics!
i Zoom revenue was increasing before the pandemic began and continued to increase at about the same rate after the pandemic began.
ii Zoom revenue after the pandemic began increased much more quickly than before. This trend is still true by the end of
iii. Zoom revenue after the pandemic began increased much more quickly than before. By the end of the rate of change in revenue has returned to about what it was before the pandemic.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started