Is "how much money have people spent on toilet paper?" a statistical question?
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Exponential equation are functions defined by
The equation that could represent Rainey graph must take the form
An exponential equation is represented as:
Where:
- a represents the initial value
- b represents the rate
The initial value (a) is 15.
So, the equation becomes
The graph is not given;
So, the equation cannot be determined.
Assume that the rate is 2.
Then the function would be:
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