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Revenue Per Share

 
 
nycdad
 
Reply Mon 17 May, 2021 09:31 pm
The revenue per share for Twitter, Inc. was $1.17 in 2013 and $3.25 in 2015. Use the Midpoint Formula to estimate the revenue per share in 2014. Assume that the revenue per share followed a
linear pattern. (Source: Twitter, Inc.)

Solution:

I see two points: (1.17, 2013) & (3.25, 2015).

Let M = midpoint

M = [(1.17 + 3.25)/2, (2013 + 2015)/2]

Is this the correct set up?
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Type: Question • Score: 1 • Views: 490 • Replies: 2
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engineer
 
  2  
Reply Mon 17 May, 2021 11:33 pm
@nycdad,
Yes
nycdad
 
  1  
Reply Mon 17 May, 2021 11:54 pm
@engineer,
Very cool.
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