A popular social media platform has begun offering stock shares to the public. In the past 2 years, the Based on the scatterplot and computer output, a reasonable estimate for the stock price for week 95 is: price of the stock has generally increased. An investment specialist gathers data on the stock price during the past 2 years and creates an exponential $2.27 because ŷ = 0.0022(95) + 2.0583 = 2.2673. O $9.65 because log y =0.0022(95) + 2.0583 =2.2673 and model for estimating the stock price based on the number of weeks after the first public offering. e2.2673 = 9.6533. log(Stock Price) vs. Weeks O $185.05 because log y =0.0022(95) + 2.0583 =2.2673 2.28 and 102.2673 = 185.05. 2.26 2.24 O $220.44 because log y =0.0030(95) + 2.0583 =2.3433 and 2.22 102.3433 = 220.44 2.2 2.12 2.16 2.14 2.12 2.1 2.08 log(Stock Price)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Based on the scatterplot and computer output, a
A popular social media platform has begun offering
stock shares to the public. In the past 2 years, the
reasonable estimate for the stock price for week 95 is:
price of the stock has generally increased. An
investment specialist gathers data on the stock price
during the past 2 years and creates an exponential
model for estimating the stock price based on the
number of weeks after the first public offering.
$2.27 because ŷ = 0.0022(95) + 2.0583 = 2.2673.
$9.65 because log y =0.0022(95) +2.0583 =2.2673 and
e2.2673 = 9.6533.
%3D
log(Stock Price) vs. Weeks
$185.05 because log y =0.0022(95) + 2.0583 =2.2673
2.28
and 102.2673 = 185.05.
%3D
2.26
2.24
$220.44 because log y =0.0030(95) + 2.0583 =2.3433 and
2.22
102.3433 = 220.44
8 2.2
à 2.12
2.16
2.14
2.12
2.1
2.08
Mark this and return
Save and Exit
Next
Submit
log(Stock Price)
Transcribed Image Text:Based on the scatterplot and computer output, a A popular social media platform has begun offering stock shares to the public. In the past 2 years, the reasonable estimate for the stock price for week 95 is: price of the stock has generally increased. An investment specialist gathers data on the stock price during the past 2 years and creates an exponential model for estimating the stock price based on the number of weeks after the first public offering. $2.27 because ŷ = 0.0022(95) + 2.0583 = 2.2673. $9.65 because log y =0.0022(95) +2.0583 =2.2673 and e2.2673 = 9.6533. %3D log(Stock Price) vs. Weeks $185.05 because log y =0.0022(95) + 2.0583 =2.2673 2.28 and 102.2673 = 185.05. %3D 2.26 2.24 $220.44 because log y =0.0030(95) + 2.0583 =2.3433 and 2.22 102.3433 = 220.44 8 2.2 à 2.12 2.16 2.14 2.12 2.1 2.08 Mark this and return Save and Exit Next Submit log(Stock Price)
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