A large pharmaceutical company uses the function f(x) = 1.849x - 3602 to model the amount of money, in billions of dollars, it spends each year on research and development, where x corresponds to the year. Use the function to predict the amount of money it will spend in 2014.

Question

A large pharmaceutical company uses the function f(x) = 1.849x - 3602 to model the amount of​ money, in billions of​ dollars, it spends each year on research and​ development, where x corresponds to the year. Use the function to predict the amount of money it will spend in 2014.

GPT 3.5 · Answer

To predict the amount of money the company will spend in 2014, we need to evaluate the function f(x) for x = 2014.

f(x) = 1.849x - 3602
f(2014) = 1.849(2014) - 3602
f(2014) = 3722.636 - 3602
f(2014) = 120.636

Therefore, the company is predicted to spend approximately $120.636 billion on research and development in 2014.

Answer

no

GPT 3.5 · Answer

I apologize for the incorrect calculation. Let's correct the evaluation.

f(x) = 1.849x - 3602
f(2014) = 1.849 * 2014 - 3602
f(2014) = 3720.986 - 3602
f(2014) = 118.986

Therefore, the company is predicted to spend approximately $118.986 billion on research and development in 2014.

A large pharmaceutical company uses the function f(x) = 1.849x - 3602 to model the amount of​ money, in billions of​ dollars, it spends each year on research and​ development, where x corresponds to the year. Use the function to predict the amount of money it will spend in 2014.

A large pharmaceutical company uses the function f(x) = 1.849x - 3602 to model the amount of money, in billions of dollars, it spends each year on research and development, where x corresponds to the year. Use the function to predict the amount of money it will spend in 2014.