. Based on this extrapolation, when would Amazon be predicted to equal Walmart in revenue? c. Why has Amazon been growing faster than Walmart? Is the slow growth of Walmart related to the rapid growth of Amazon?

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b. Based on this extrapolation, when would Amazon be predicted to equal Walmart in revenue?
c. Why has Amazon been growing faster than Walmart? Is the slow growth of Walmart related to the rapid growth of Amazon?

 
 
3. Consider annual revenue data in billions of dollars for the 10-year period 2008-2017 for two
retailers:
Amazon 19.1 24.5 32.4 48.1
61.1
74.5 89.0 107.9 136.0 177.9
Walmart 402.2 406.1 420.0 445.0 467.2 474.5 483.5 480.0 482.2 496.8
a. Forecast revenues in 2021 for each company using linear extrapolation in Excel.
Transcribed Image Text:3. Consider annual revenue data in billions of dollars for the 10-year period 2008-2017 for two retailers: Amazon 19.1 24.5 32.4 48.1 61.1 74.5 89.0 107.9 136.0 177.9 Walmart 402.2 406.1 420.0 445.0 467.2 474.5 483.5 480.0 482.2 496.8 a. Forecast revenues in 2021 for each company using linear extrapolation in Excel.
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