2013.75 10. According to Newsweek, DVD players entered U. S. households faster than
any other piece of home electronics equipment in history. The sales revenues
9.46
from 1999 to 2004 can be modeled by the logistic function y=
1 + 53.08e-1.28x
where x is the number of years past 1998 and y is in billions of dollars.
a) Graph this function using graphing utility (graphing calculator or any
computer package).
b) Use the function to estimate the sales revenue for 2004.
Answers