Sales The sales S (in millions of dollars) for Avon Products from 1994 through 2003 can
Chapter 4, Problem 49(choose chapter or problem)
Sales The sales S (in millions of dollars) for Avon Products from 1994 through 2003 can be modeled by where t is time in years, with corresponding to 1994. (Source: Avon Products Inc.) (a) Find the sales in 1995, 2000, and 2003. (b) Using the data points from part (a), would a linear model fit the data? Explain your reasoning. (c) Use the exponential growth model to estimate when the sales will exceed 10 billion dollars.
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