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The following table shows the annual revenues (in millions of dollars) of a pharmaceutical company over the period 1990-2011. Year 1990 1991 1992 1993 1994
The following table shows the annual revenues (in millions of dollars) of a pharmaceutical company over the period 1990-2011. Year 1990 1991 1992 1993 1994 1995 1997 98 1999 2000 Revenue 830 791 842 391 953 ,036 ,050 1,070 1,127 ,272 386 + Year 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Revenue 1,304 1,379 417 1.441 1,525 1,613 1,870|1,593 1,395 2,1320,330 + Revenue 2500 2000 1500 . Revenue 1000 500 0 5 10 15 20 25 The scatterplot indicates that the annual revenues have an increasing trend. Linear, exponential, quadratic, and cubic models were fit to the data starting with t = 1, and the following output was generated.The scatterplot indicates that the annual revenues have an increasing trend. Linear, exponential, quadratic, and cubic models were fit to the data starting with t = 1, and the following output was generated. Variable Linear Trend Exponential Trend Quadratic Trend Cubic Trend Intercept 642.7 6.632 797.312 648.7662 60.496 0.045 21.8665 91.726 N/A N/A 1.6796 -5.7477 N/A N/A N/A 0.2153 MSE 18333.16 14487.87 15079.84 13689 135.4 0.069 122.8 117 R2 0.8984 0.9502 0.9205 0.9317 Adjusted R 0.8933 0.9477 0.9122 0.9203 Which of the following is a revenue forecast for 2012 found by the polynomial trend equation with the best fit
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