Problem

Digital Music Revenues The total projected worldwide digital music revenues R, in millions...

Digital Music Revenues The total projected worldwide digital music revenues R, in millions of dollars, for the years 2012 through 2017 can be estimated by the function

R(x) = 28.6x2 + 300x + 4843

where x is the number of years after 2012.

(a) Find R(0), R(3), and R(5) and explain what each value represents.


(b) Find r(x) = R(x − 2).


(c) Find r(2), r(5), and r(7) and explain what each value represents.


(d) In the model r = r(x), what does x represent?


(e) Would there be an advantage in using the model r when estimating the projected revenues for a given year instead of the model R ?

Source IFPI Digital Music Report 2013

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