the revenue (in billions of dollars) from artificial intelligence for enterprise applications in a country…

the revenue (in billions of dollars) from artificial intelligence for enterprise applications in a country for the years from 2016 through 2026 can be modeled by y = 0.145x^1.497, where x is the number of years after 2015. (a) graph the function for the years from 2015 through 2031. (b) is the function increasing or decreasing over this period of time? (c) is the graph concave up or down? (d) what is the revenue in 2032? decreasing increasing (c) is the graph concave up or down? concave up concave down (d) according to the model, the revenue in 2032 will be about $ billion. (round to three decimal places as needed.)

the revenue (in billions of dollars) from artificial intelligence for enterprise applications in a country for the years from 2016 through 2026 can be modeled by y = 0.145x^1.497, where x is the number of years after 2015. (a) graph the function for the years from 2015 through 2031. (b) is the function increasing or decreasing over this period of time? (c) is the graph concave up or down? (d) what is the revenue in 2032? decreasing increasing (c) is the graph concave up or down? concave up concave down (d) according to the model, the revenue in 2032 will be about $ billion. (round to three decimal places as needed.)

Answer

Explanation:

Step1: Determine x - value for 2032

Since x is the number of years after 2015, for 2032, $x = 2032 - 2015=17$.

Step2: Substitute x into the function

The revenue function is $y = 0.145x^{1.497}$. Substitute $x = 17$ into it: $y=0.145\times17^{1.497}$. First, calculate $17^{1.497}$. Using a calculator, $17^{1.497}\approx17^{1.5}=\sqrt{17^{3}}=\sqrt{4913}\approx70.093$. Then $y = 0.145\times70.093$.

Step3: Calculate the value of y

$y=0.145\times70.093 = 10.164485\approx10.164$.

Answer:

10.164