MO4010 Basic Molecular Biology- Great Investment for our Company

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MO4010 Basic Molecular Biology

Task:

Mara Braddock Module 2 Assignment

Dear Director of Marketing,

It is my prediction that the cell phone industry would be a great investment for our company.

In 1994, 37.5 million users had cell phones. In 1998, 70 million and in 2002, 102.5 million users were using cell phones. This is an increase of 8.125 million users per year.

If my prediction is correct in the year 2023, there will be 208.125 million users of cell phones.

I have created the below graph to show the amount of users and used the the graph to determine the slope is 10.8. I
did this using the formula m= y2-y1 divided by x2-x1.

The y2 value was 70 million users and the y1 b=value was 37.5 million. The x2 value was 1998 and the x1 value was 1994.

This left me with 32.5 million divided by 3 which is 10.8 million. They Y intercept would have occurred at 5 million users.The equation that best fits this data is y= 8.125x +5. I feel the model is reliable based on previous years.

MO4010 Basic Molecular Biology

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