The scatter plot shows the profit by the month for a new company during its first year of operation. Which equation most closely
models the line of best fit for the scatter plot? A) y = 5x B) y = 2.5x C) y = 5x + 1000 D) y = 2.5x + 1000
1 answer:
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Answer:
a)
b)
So for this case the answer would be 13.347 years, the population will be 28.3 million and ye year would be 2000+13.347 and that would be approximately in 2014
Step-by-step explanation:
For this case we assume the following model:
Where t is the number of years after 2000/
Part a
For this case we want the population for 2000 and on this case the value of t=0 since we have 0 years after 2000. If we rpelace into the model we got:
So then the initial population at year 2000 is 23.1 million of people.
Part b
For this case we want to find the time t whn the population is 28.3 million.
So we need to solve this equation:
We can divide both sides by 23.1 and we got:
Now we can apply natural log on both sides and we got:
And then for t we got:
So for this case the answer would be 13.347 years, the population will be 28.3 million and ye year would be 2000+13.347 and that would be approximately in 2014