BUSINESS: Satellite Radio The operating revenues for Sirius Satellite Radio for recent years are given in the following table.
Year | 2003 | 2004 | 2005 | 2006 |
Operating Revenues (million $) | 12.9 | 66.9 | 242.2 | 637.2 |
a. Number the data columns with x-values 1–4 (so that x stands for years since 2002), use power regression to fit a curve to the data, and state the regression formula.
b. Use the regression function to predict Sirius's operating revenue in the year 2012.
Source: Standard & Poor’s Industry Surveys
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