The Olympic games are very costly to a city but with a big promise to make a profit. Below are the operating costs (in billion USD) of the last several summer and winter games and the net profit for those games. Calculate the slope (b) value between the costs and the profit.
City |
Operating Costs |
Net Profit |
Rio, 2016 |
4.6 B |
0 |
Sochi, 2014 |
51 B |
53 M |
London, 2012 |
10.4 B |
0 |
Vancouver, 2010 |
1.26 B |
1.9 M |
Beijing, 2008 |
44 B |
146 M |
Turin, 2006 |
.700 B |
-3.2 M |
Athens, 2004 |
15 B |
-14.5 B |
Salt Lake, 2002 |
2 B |
101 M |
The Olympic games are very costly to a city but with a big promise to make...