Problem

(Modeling) Solve each problem. Box Office Receipts...

(Modeling) Solve each problem.

Box Office Receipts U.S. movie box office receipts, in billions of dollars, are shown in 5-year increments from 1993 to 2013. (Source: www.boxofficemojo.com)

These receipts R are reasonably approximated by the linear model

R = 0.2844x + 5.535,

where x = 0 corresponds to 1993, x = 5 corresponds to 1998, and so on. Using the model, calculate the year in which the receipts first exceed each amount.

(a) $7.6 billion (b) $10 billion

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Solutions For Problems in Chapter 1.7

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