Amazon.com has become one of the most successful online merchants. Two measures of its success are sales and net income/loss f
Amazon.com has become one of the most successful online merchants. Two measures of its success are sales and net income/loss figures. The data can be found in the file, Amazon. (attached hereto)
Use Excel to complete the following:
- Construct a scatter plot for Amazon's net income/loss and sales figures for the period 1995–2015.
- Determine a polynomial model, including its order (or degree), for Amazon's net income/loss and sales figures.
Use Word to complete the following:
- Explain your process of determining the polynomial model
- Submit your work in a Word document and attach your Excel file.
Sales | Income | Year |
0 | -0.3 | 1995 |
0.02 | -5.7 | 1996 |
0.15 | -27.5 | 1997 |
0.61 | -124.5 | 1998 |
1.64 | -719.9 | 1999 |
2.76 | -1411.2 | 2000 |
3.12 | -567.3 | 2001 |
3.93 | -149.1 | 2002 |
5.26 | 35.3 | 2003 |
6.92 | 588.5 | 2004 |
8.49 | 359 | 2005 |
10.71 | 190 | 2006 |
14.84 | 476 | 2007 |
19.17 | 4270 | 2008 |
24.51 | 5531 | 2009 |
34.2 | 7643 | 2010 |
48.08 | 10789 | 2011 |
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