The equation of the line of best fit of a scatter plot is y = 12x + 7. What is the slope of the equation? –12 –7 12 7
2 answers:
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So, here we have an exponential function.
Remember that an exponential function has the form:
Where a represents an initial amount, and r is the rate of this amount to change. (Increase, or decrease).
So, given that the population of City A in 2000 was 40 thousand people and the population increased by 13% each year, we can say that
So,
For city B:
But something different happens with city C. This is not an exponential function, this is a linear function.
So,