find the exponential model of best fit for the points (-3,5),(1,12),(5,72),(7,137). Explian how you got your answer. Round value
s to the nearest hundredth.
1 answer:
<h3>Answer:</h3>
f(x) = 11.93·1.42^x
<h3>Step-by-step explanation:</h3>I entered the data into a graphing calculator and made use of its exponential regression function to find the coefficients of ...
... y = a·b^x
It told me ...
... a ≈ 11.9304, b ≈ 1.41885
In accordance with the problem statement, these values are rounded to hundredths to get the answer.
_____
<em>Comment on the graph</em>
The given points and two curves are show. The solid red curve is the exponential regression curve produced by the calculator. The dotted blue curve is the one you get when you round the numbers to the nearest hundredth.
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Answer:
-46.91%
Step-by-step explanation:
Given:
Cost of buying the shares = $53,500
Selling cost of the shares = $3,300
Number of years = 2
Since the selling cost is less than the buying cost, therefore the statement for the loss can be verified
Now,
The loss = Selling cost - cost of buying = $3,300 - $53,500 = - $50,200
thus, the loss per year = = -$25100
Hence,
Rate of return =
or
Rate of return =
or
Rate of return = -46.91%