Revenue The table shows the revenues y (in billions of dollars) for General Dynamics

Chapter 5, Problem 40

(choose chapter or problem)

Revenue The table shows the revenues y (in billions of dollars) for General Dynamics Corporation from 2008 through 2013. Find the least-squares regression quadratic and cubic polynomials for the data. Then use each model to predict the revenue in 2018. Let t represent the year, with t = 8 corresponding to 2008. Which model appears to be more accurate for predicting future revenues? Explain. (Source: General Dynamics Corporation)

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