The growth of a company can be described by the equation N = 500(0.02)0.7t where t is the number of years the company has been in existence and N is the number of employees. (a) What is the number of employees when t = 0? (This is the number of employees the company has when it starts.) N = employees (b) What is the number of employees when t = 8? (Round your answer to the nearest whole number.) N = employees

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A: We have to solve given Questions.

Q: years

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Q: Solve for n. F=5/3(n-82)

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A:

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A: Solution-

Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.