Data whose scatter plot suggests that an exponential model would be a good fit was transformed. The regression line fitted to the transformed data (x, In y) has the equation Compute the parameters of the exponential model of the form y = A. e¹¹*: (Round to the nearest hundredth) A = Y = 1.708X + 4.146. T = (Round to the nearest thousandth)

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
Problem 1TI: Table 2 shows a recent graduate’s credit card balance each month after graduation. a. Use...
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X
1
2
3
A =
y
Data whose scatter plot suggests that an exponential model would be a good fit
was transformed. The regression line fitted to the transformed data (x, In y) has
the equation
T =
352
1889
10981
4
56026
5
332238
6 1783681
Compute the parameters of the exponential model of the form y = A. e¹¹:
(Round to the nearest hundredth)
Y = 1.708X + 4.146.
Submit Question
(Round to the nearest thousandth)
Transcribed Image Text:X 1 2 3 A = y Data whose scatter plot suggests that an exponential model would be a good fit was transformed. The regression line fitted to the transformed data (x, In y) has the equation T = 352 1889 10981 4 56026 5 332238 6 1783681 Compute the parameters of the exponential model of the form y = A. e¹¹: (Round to the nearest hundredth) Y = 1.708X + 4.146. Submit Question (Round to the nearest thousandth)
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