Precalculus with Limits: A Graphing Approach
Precalculus with Limits: A Graphing Approach
7th Edition
ISBN: 9781305071711
Author: Ron Larson
Publisher: Brooks/Cole
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Correlation
Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.
Linear Correlation
A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.
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Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as p…
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Question
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Chapter 7.1, Problem 90E
To determine

To find the quadratic models for the yearly revenue of the Expedia and Priceline.com and conclude the findings.

Expert Solution & Answer
Check Mark

Answer to Problem 90E

The quadratic models are:

  y=77.98 x2−1280.6 x+8202.95            Expedia

  y=105.48 x2−1226.27 x+4896.75              Priceline.com

In the year 2011, the yearly revenue of the Priceline.com start increases from Expedia.

Explanation of Solution

Given information: The yearly revenue( in millions of dollars) of online travel companies are given as:

    YearxExpediaPriceline.com
    2008829371885
    2009929552338
    20101033483085
    20111134494386
    20121240305261
    20131347716793

Where, x is the year and x=8 is the year 2008.

Calculation:

(a)  Using regression feature of graphing utility, the quadratic model for the yearly revenue y of the online travel companies are:

  y=77.98 x2−1280.6 x+8202.95            Expedia

  y=105.48 x2−1226.27 x+4896.75              Priceline.com

(b) Using graphing utility, the graph of the models based on the given information is given below.

The graph of the Expedia is:

  Precalculus with Limits: A Graphing Approach, Chapter 7.1, Problem 90E , additional homework tip 1

The graph of the Priceline is:

  Precalculus with Limits: A Graphing Approach, Chapter 7.1, Problem 90E , additional homework tip 2

(c)   From the graphs, it is concluded that the in the years 2011, the yearly revenue of the Priceline.com increases from Expedia.

(d)The algebraic approximation of the year 2011 is:

Put x=11 in the modeled equations, the yearly revenue of the companies are:

  Expedia:    y(11)=77.98 (11)2−1280.6 (11)+8202.95 =3558.53           

  Priceline.com:   y(11)=105.48 (11)2−1226.27 (11)+4896.75 =4170.11

(e) On comparing the results for the year 2011, the results are:

    YearPart(c)Part(d)
    Expedia34493559
    Priceline.com43864170
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Chapter 7.1, Problem 89E
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Chapter 7.1, Problem 91E

Chapter 7 Solutions

Precalculus with Limits: A Graphing Approach

Ch. 7.1 - Prob. 1ECh. 7.1 - Prob. 2ECh. 7.1 - Prob. 3ECh. 7.1 - Prob. 4ECh. 7.1 - Prob. 5ECh. 7.1 - Prob. 6ECh. 7.1 - Prob. 7ECh. 7.1 - Prob. 8ECh. 7.1 - Prob. 9ECh. 7.1 - Prob. 10E
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Prob. 36ECh. 7.6 - Prob. 37ECh. 7.6 - Prob. 38ECh. 7.6 - Prob. 39ECh. 7.6 - Prob. 40ECh. 7.6 - Prob. 41ECh. 7.6 - Prob. 42ECh. 7.6 - Prob. 43ECh. 7.6 - Prob. 44ECh. 7.6 - Prob. 45ECh. 7.6 - Prob. 46ECh. 7.6 - Prob. 47ECh. 7.6 - Prob. 48ECh. 7.6 - Prob. 49ECh. 7.6 - Prob. 50ECh. 7.6 - Prob. 51ECh. 7.6 - Prob. 52ECh. 7.6 - Prob. 53ECh. 7.6 - Prob. 54ECh. 7.6 - Prob. 55ECh. 7.6 - Prob. 56ECh. 7.6 - Prob. 57ECh. 7.6 - Prob. 58ECh. 7.6 - Prob. 59ECh. 7.6 - Prob. 60ECh. 7.6 - Prob. 61ECh. 7.6 - Prob. 62ECh. 7.6 - Prob. 63ECh. 7.6 - Prob. 64ECh. 7.6 - Prob. 67ECh. 7.6 - Prob. 68ECh. 7.6 - Prob. 69ECh. 7.6 - Prob. 70ECh. 7.6 - Prob. 71ECh. 7.6 - Prob. 72ECh. 7.6 - Prob. 73ECh. 7.6 - Prob. 74ECh. 7.6 - Prob. 75ECh. 7.6 - Prob. 76ECh. 7.6 - Prob. 77ECh. 7.6 - Prob. 78ECh. 7.7 - Prob. 1ECh. 7.7 - Prob. 2ECh. 7.7 - Prob. 3ECh. 7.7 - Prob. 4ECh. 7.7 - Prob. 5ECh. 7.7 - Prob. 6ECh. 7.7 - Prob. 7ECh. 7.7 - Prob. 8ECh. 7.7 - Prob. 9ECh. 7.7 - Prob. 10ECh. 7.7 - Prob. 11ECh. 7.7 - Prob. 12ECh. 7.7 - Prob. 13ECh. 7.7 - Prob. 14ECh. 7.7 - Prob. 15ECh. 7.7 - Prob. 16ECh. 7.7 - Prob. 17ECh. 7.7 - Prob. 18ECh. 7.7 - Prob. 19ECh. 7.7 - Prob. 20ECh. 7.7 - Prob. 21ECh. 7.7 - Prob. 22ECh. 7.7 - Prob. 23ECh. 7.7 - Prob. 24ECh. 7.7 - Prob. 25ECh. 7.7 - Prob. 26ECh. 7.7 - Prob. 27ECh. 7.7 - Prob. 28ECh. 7.7 - Prob. 29ECh. 7.7 - Prob. 30ECh. 7.7 - Prob. 31ECh. 7.7 - Prob. 32ECh. 7.7 - Prob. 33ECh. 7.7 - Prob. 34ECh. 7.7 - Prob. 35ECh. 7.7 - Prob. 36ECh. 7.7 - Prob. 37ECh. 7.7 - Prob. 38ECh. 7.7 - Prob. 39ECh. 7.7 - Prob. 40ECh. 7.7 - Prob. 41ECh. 7.7 - Prob. 42ECh. 7.7 - Prob. 43ECh. 7.7 - Prob. 44ECh. 7.7 - Prob. 45ECh. 7.7 - Prob. 46ECh. 7.7 - Prob. 47ECh. 7.7 - Prob. 48ECh. 7.7 - Prob. 49ECh. 7.7 - Prob. 50ECh. 7.7 - Prob. 51ECh. 7.7 - Prob. 52ECh. 7.7 - Prob. 53ECh. 7.7 - Prob. 54ECh. 7.7 - Prob. 55ECh. 7.7 - Prob. 56ECh. 7.7 - Prob. 57ECh. 7.7 - Prob. 58ECh. 7.7 - Prob. 59ECh. 7.7 - Prob. 60ECh. 7.7 - Prob. 61ECh. 7.7 - Prob. 62ECh. 7.7 - Prob. 63ECh. 7.7 - Prob. 64ECh. 7.7 - Prob. 65ECh. 7.7 - Prob. 66ECh. 7.7 - Prob. 67ECh. 7.7 - Prob. 68ECh. 7.7 - Prob. 69ECh. 7.7 - Prob. 70ECh. 7.7 - Prob. 71ECh. 7.7 - Prob. 72ECh. 7.7 - Prob. 73ECh. 7.7 - Prob. 74ECh. 7.7 - Prob. 75ECh. 7.7 - Prob. 76ECh. 7.7 - Prob. 77ECh. 7.7 - Prob. 78ECh. 7.7 - Prob. 79ECh. 7.7 - Prob. 80ECh. 7.7 - Prob. 81ECh. 7.7 - Prob. 82ECh. 7.7 - Prob. 83ECh. 7.7 - Prob. 84ECh. 7.7 - Prob. 85ECh. 7.7 - Prob. 86ECh. 7.7 - Prob. 87ECh. 7.7 - Prob. 88ECh. 7.8 - Prob. 1ECh. 7.8 - Prob. 2ECh. 7.8 - Prob. 3ECh. 7.8 - Prob. 4ECh. 7.8 - Prob. 5ECh. 7.8 - Prob. 6ECh. 7.8 - Prob. 7ECh. 7.8 - Prob. 8ECh. 7.8 - Prob. 9ECh. 7.8 - Prob. 10ECh. 7.8 - Prob. 11ECh. 7.8 - Prob. 12ECh. 7.8 - Prob. 13ECh. 7.8 - Prob. 14ECh. 7.8 - Prob. 15ECh. 7.8 - Prob. 16ECh. 7.8 - Prob. 17ECh. 7.8 - Prob. 18ECh. 7.8 - Prob. 19ECh. 7.8 - Prob. 20ECh. 7.8 - Prob. 21ECh. 7.8 - Prob. 22ECh. 7.8 - Prob. 23ECh. 7.8 - Prob. 24ECh. 7.8 - Prob. 25ECh. 7.8 - Prob. 26ECh. 7.8 - Prob. 29ECh. 7.8 - Prob. 30ECh. 7.8 - Prob. 31ECh. 7.8 - Prob. 32ECh. 7.8 - Prob. 37ECh. 7.8 - Prob. 38ECh. 7.8 - Prob. 39ECh. 7.8 - Prob. 40ECh. 7.8 - Prob. 41ECh. 7.8 - Prob. 42ECh. 7.8 - Prob. 43ECh. 7.8 - Prob. 44ECh. 7 - Prob. 1RECh. 7 - Prob. 2RECh. 7 - Prob. 3RECh. 7 - Prob. 4RECh. 7 - Prob. 5RECh. 7 - Prob. 6RECh. 7 - Prob. 7RECh. 7 - Prob. 8RECh. 7 - Prob. 9RECh. 7 - Prob. 10RECh. 7 - Prob. 11RECh. 7 - Prob. 12RECh. 7 - Prob. 13RECh. 7 - Prob. 14RECh. 7 - Prob. 15RECh. 7 - Prob. 16RECh. 7 - Prob. 17RECh. 7 - Prob. 18RECh. 7 - Prob. 19RECh. 7 - Prob. 20RECh. 7 - Prob. 21RECh. 7 - Prob. 22RECh. 7 - Prob. 23RECh. 7 - Prob. 24RECh. 7 - Prob. 25RECh. 7 - Prob. 26RECh. 7 - Prob. 27RECh. 7 - Prob. 28RECh. 7 - Prob. 29RECh. 7 - Prob. 30RECh. 7 - Prob. 31RECh. 7 - Prob. 32RECh. 7 - Prob. 33RECh. 7 - Prob. 34RECh. 7 - Prob. 35RECh. 7 - Prob. 36RECh. 7 - Prob. 37RECh. 7 - Prob. 38RECh. 7 - Prob. 41RECh. 7 - Prob. 42RECh. 7 - Prob. 43RECh. 7 - Prob. 44RECh. 7 - Prob. 45RECh. 7 - Prob. 46RECh. 7 - Prob. 47RECh. 7 - Prob. 48RECh. 7 - Prob. 51RECh. 7 - Prob. 52RECh. 7 - Prob. 53RECh. 7 - Prob. 54RECh. 7 - Prob. 55RECh. 7 - Prob. 56RECh. 7 - Prob. 57RECh. 7 - Prob. 58RECh. 7 - Prob. 59RECh. 7 - Prob. 60RECh. 7 - Prob. 61RECh. 7 - Prob. 63RECh. 7 - Prob. 64RECh. 7 - Prob. 65RECh. 7 - Prob. 66RECh. 7 - Prob. 67RECh. 7 - Prob. 68RECh. 7 - Prob. 69RECh. 7 - Prob. 70RECh. 7 - Prob. 71RECh. 7 - Prob. 72RECh. 7 - Prob. 73RECh. 7 - Prob. 74RECh. 7 - Prob. 75RECh. 7 - Prob. 76RECh. 7 - Prob. 77RECh. 7 - Prob. 78RECh. 7 - Prob. 79RECh. 7 - Prob. 80RECh. 7 - Prob. 81RECh. 7 - Prob. 82RECh. 7 - Prob. 83RECh. 7 - Prob. 84RECh. 7 - Prob. 85RECh. 7 - Prob. 86RECh. 7 - Prob. 87RECh. 7 - Prob. 88RECh. 7 - Prob. 89RECh. 7 - Prob. 90RECh. 7 - Prob. 91RECh. 7 - Prob. 92RECh. 7 - Prob. 93RECh. 7 - Prob. 94RECh. 7 - Prob. 95RECh. 7 - Prob. 96RECh. 7 - Prob. 97RECh. 7 - Prob. 98RECh. 7 - Prob. 99RECh. 7 - Prob. 100RECh. 7 - Prob. 101RECh. 7 - Prob. 102RECh. 7 - Prob. 103RECh. 7 - Prob. 104RECh. 7 - Prob. 105RECh. 7 - Prob. 106RECh. 7 - Prob. 107RECh. 7 - Prob. 108RECh. 7 - Prob. 109RECh. 7 - Prob. 110RECh. 7 - Prob. 111RECh. 7 - Prob. 112RECh. 7 - Prob. 113RECh. 7 - Prob. 114RECh. 7 - Prob. 115RECh. 7 - Prob. 116RECh. 7 - Prob. 117RECh. 7 - Prob. 118RECh. 7 - Prob. 119RECh. 7 - Prob. 120RECh. 7 - Prob. 121RECh. 7 - Prob. 122RECh. 7 - Prob. 123RECh. 7 - Prob. 124RECh. 7 - Prob. 125RECh. 7 - Prob. 126RECh. 7 - Prob. 127RECh. 7 - Prob. 128RECh. 7 - Prob. 129RECh. 7 - Prob. 130RECh. 7 - Prob. 131RECh. 7 - Prob. 132RECh. 7 - Prob. 133RECh. 7 - Prob. 134RECh. 7 - Prob. 135RECh. 7 - Prob. 136RECh. 7 - Prob. 137RECh. 7 - Prob. 138RECh. 7 - Prob. 139RECh. 7 - Prob. 140RECh. 7 - Prob. 141RECh. 7 - Prob. 142RECh. 7 - Prob. 143RECh. 7 - Prob. 144RECh. 7 - Prob. 145RECh. 7 - Prob. 146RECh. 7 - Prob. 147RECh. 7 - Prob. 148RECh. 7 - Prob. 149RECh. 7 - Prob. 150RECh. 7 - Prob. 151RECh. 7 - Prob. 152RECh. 7 - Prob. 153RECh. 7 - Prob. 154RECh. 7 - Prob. 155RECh. 7 - Prob. 156RECh. 7 - Prob. 157RECh. 7 - Prob. 158RECh. 7 - Prob. 159RECh. 7 - Prob. 160RECh. 7 - Prob. 161RECh. 7 - Prob. 162RECh. 7 - Prob. 163RECh. 7 - Prob. 164RECh. 7 - Prob. 165RECh. 7 - Prob. 166RECh. 7 - Prob. 167RECh. 7 - Prob. 168RECh. 7 - Prob. 169RECh. 7 - Prob. 170RECh. 7 - Prob. 171RECh. 7 - Prob. 172RECh. 7 - Prob. 173RECh. 7 - Prob. 174RECh. 7 - Prob. 175RECh. 7 - Prob. 176RECh. 7 - Prob. 177RECh. 7 - Prob. 178RECh. 7 - Prob. 179RECh. 7 - Prob. 180RECh. 7 - Prob. 181RECh. 7 - Prob. 182RECh. 7 - Prob. 183RECh. 7 - Prob. 184RECh. 7 - Prob. 185RECh. 7 - Prob. 186RECh. 7 - Prob. 187RECh. 7 - Prob. 188RECh. 7 - Prob. 189RECh. 7 - Prob. 190RECh. 7 - Prob. 191RECh. 7 - Prob. 192RECh. 7 - Prob. 193RECh. 7 - Prob. 194RECh. 7 - Prob. 195RECh. 7 - Prob. 196RECh. 7 - Prob. 197RECh. 7 - Prob. 198RECh. 7 - Prob. 199RECh. 7 - Prob. 201RECh. 7 - Prob. 202RECh. 7 - Prob. 203RECh. 7 - Prob. 204RECh. 7 - Prob. 1CTCh. 7 - Prob. 2CTCh. 7 - Prob. 3CTCh. 7 - Prob. 4CTCh. 7 - Prob. 5CTCh. 7 - Prob. 6CTCh. 7 - Prob. 7CTCh. 7 - Prob. 8CTCh. 7 - Prob. 9CTCh. 7 - Prob. 10CTCh. 7 - Prob. 11CTCh. 7 - Prob. 12CTCh. 7 - Prob. 13CTCh. 7 - Prob. 14CTCh. 7 - Prob. 15CTCh. 7 - Prob. 16CTCh. 7 - Prob. 17CTCh. 7 - Prob. 18CT
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