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The problem asks us to estimate the earnings per share for a social media company in 2019 using the **Midpoint Formula**, given the earnings for 2017 and 2018. Here's the step-by-step breakdown of the process:

### Given Data:
- Earnings per share in 2017 = $6.16
- Earnings per share in 2018 = $7.46

### Midpoint Formula:
The **Midpoint Formula** for estimating the earnings in 2019 (assuming a linear pattern) is:
\[
\text{Midpoint} = \frac{E_{\text{2017}} + E_{\text{2018}}}{2}
\]
Where $E_{\text{2017}}$ and $E_{\text{2018}}$ are the earnings in 2017 and 2018, respectively.

### Calculation:
\[
\text{Midpoint} = \frac{6.16 + 7.46}{2} = \frac{13.62}{2} = 6.81
\]

Thus, the estimated earnings per share for 2019 is **$6.81 per share**.

---

Would you like more details or have any questions about the process?

### Related Questions:
1. How can you use the slope formula to estimate future earnings beyond 2019?
2. What assumptions are made when using the midpoint formula in finance?
3. How would the estimate change if the earnings followed a quadratic pattern instead of a linear one?
4. How would this calculation change if we had data for 2019, and we wanted to predict 2020 earnings?
5. How could this midpoint method be used for different financial metrics, such as revenue or profit margins?

### Tip:
Linear estimations work best for short-term predictions, but for long-term trends, consider using regression models to capture more complex patterns.

The earnings per share for a social media company were $6.16 in 2017 and $7.46 in 2018. Use the Midpoint Formula to estimate the earnings (in dollars) per share in 2019. Assume that the earnings per share followed a linear pattern.

Estimate the 2019 earnings per share for a social media company using the Midpoint Formula. Given the earnings per share for 2017 ($6.16) and 2018 ($7.46), this problem follows a linear pattern and provides a step-by-step solution for students in Grades 9-12.

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