Question

Help please!! :)

Answer 1

A newspaper started an online version of its paper 14 years ago. In a recent presentation to stockholders, the lead marketing executive states that the revenues for online ads have more than doubled that of the revenues for printed ads since starting the online version of the paper. Use the graph below to justify the lead executive’s statement and to determine the approximate year that the two ad revenues were equal.

Answer 2

@capthca @DabbingPikachu @tteesstt8080

Answer 3

@pooja195

Answer 4

Okay, so this question has two parts:
1. Justify the statement of the lead marketing executive.
2. Estimate the year which the revenues of both online and paper were equal.

Answer 5

Oh, alright.

Answer 6

Now tell me what the lead marketing executive stated.

Answer 7

the revenues for online ads have more than doubled that of the revenues for printed ads since starting the online version of the paper?

Answer 8

Yes, great!
Now, the graph has two lines:
LINE 1. PRINTED AD REVENUE
LINE 2. ONLINE AD REVENUE
Red = Printed
Blue = Online

Answer 9

Tell me which line had a more-than-doubled revenue, the red or blue.

Answer 10

Blue?

Answer 11

Great!
Now, since we know:
MORE THAN DOUBLED REVENUE: Blue
We need to determine an estimate of the revenue at, around, 15 years. What is your estimate for the revenue of blue/red at 15 yrs?

Answer 12

Blue: 4.8 million?
Red: 1.4 million?

Answer 13

Great! I would believe the estimate for blue is 4.5.
Since we know BLUE is the more-than-double revenue...
Double is a key word.
Now, what is 1.5 doubled?

Answer 14

2.25?

Answer 15

It's essentially 1.5 x 2...

Answer 16

oops, 3..

Answer 17

And what is blue?
4.5.
So we just justified the words of the lead marketing executive.

Answer 18

so that answer is 4.5?

Answer 19

Thank you @tteesstt8080

Answer 20

I mean, part one.

Answer 21

Sorry I was doing something else.
For part 2, you have to estimate the POINT OF INTERSECTION of the two lines, or where they meet at a common point.

Answer 22

At what year do they approximately have the same revenue, print and online?

Answer 23

approximately? How do I find that? I thought it was year 7.5

Answer 24

year 7

Answer 25

I would say 7.5, but 7 works fine. Now, trace a straight line up from 7 on the x-axis (or 7.5). At what point does your finger or pencil or whatever touch either the blue or red?(because it doesn't matter which one; they are at the same point)

Answer 26

a little over 2

Answer 27

Great job! Now, can you estimate that as a number?

Answer 28

2.2?

Answer 29

Yep! Great job! You just finished both parts to the question! ^.^

Answer 30

Ok, I get it but what are the answers? lol, is it 2.2 and 4.5?

Answer 31

Nevermind. Thank you so much :)

Answer 32

No problem! Feel free to ask if you have more although I might not reply for a bit.

Answer 33

Alright :)