Problem

(Modeling) Solve the problem.Online Betting Worldwide gambling revenue from online betting...

(Modeling) Solve the problem.

Online Betting Worldwide gambling revenue from online betting was $18 billion in 2007 and $24 billion in 2010. (Source: Christiansen Capital Advisors.)

(a) Find an equation of a line y = mx + b that models this information, where y is in billions of dollars and x is the year.

(b) Use this equation to estimate online betting revenue in 2013.

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