Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please kindly explain in good detail the answers. Thanks a lot Goal To use equations of lines in a real-world application Role You work in

image text in transcribed

Please kindly explain in good detail the answers. Thanks a lot

image text in transcribed
Goal To use equations of lines in a real-world application Role You work in the marketing department of a tele-communications company. Audience The director of marketing Situation You are trying to convince the director of marketing to get involved in the cell phone industry. Task Mobile phone usage has been steadily increasing. The data below shows the mobile phone usage (in millions) base on years 1994 - 37.5 million users 1998 - 70 million users . 2002 - 102.5 million users Performance Task: You are to write a report to the director of marketing that discusses your predications for mobile phone usage and why you believe that it would be good for your company to get involved in the mobile phone industry. Include the following in your report: . The equation of the line of best fit based on the above data. . An interpretation of the value of the slope and the y-intercept. . The reliability of your model. . A prediction for the amount of mobile phone usage two years from today. Please upload your completed assignment here. Be sure you have included your name at the top of your document and as part of the file name. Be sure to review the rubric to see how you will be graded

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Concepts In Differential Geometry

Authors: K N P Singh

1st Edition

9353146399, 9789353146399

More Books

Students also viewed these Mathematics questions

Question

What are market tests?

Answered: 1 week ago