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jok3333 [9.3K]
2 years ago
15

Given the following exponential function, identify whether the change represents growth or decay, and determine the percentage r

ate of increase or decrease.
y=91(0.938)^x
y=91(0.938)
x
Mathematics
1 answer:
leva [86]2 years ago
3 0

Answer:

Step-by-step explanation:

The change represents the decay

The percentage rate of decrease is 6.2%

Step-by-step explanation:

The formula of the exponential growth is y = a  , where

a is the initial value

r is the rate of increase in decimal ⇒ (1 + r) > 1

The formula of the exponential decay is y = a  , where

a is the initial value

r is the rate of decrease in decimal ⇒ (1 - r) < 1

Let us solve the question.

∵ y = 91

→ Compare it with the forms above

∴ a = 91

∵ The rate of change is 0.938

∵ 0.938 < 1

→ That means the rate of change is decreasing

∴ The function y = 91   represents exponential decay

∴ The change represents the decay

→ From the 2nd form above

∵ (1 - r ) = 0.938

→ Subtract 1 from both sides

∴ 1 - 1 - r = 0.938 - 1

∴ - r = - 0.062

→ Divide both sides by -1

∴ r = 0.062

→ Multiply it by 100% to change it to a percentage

∵ 0.062 × 100% = 6.2%

∴ r = 6.2%

∴ The percentage of decrease is 6.2%

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Definition of Point Estimate

Point estimation is a technique used in statistics to determine a single value that will serve as the "best guess" or "best estimate" of an unidentified population characteristic, known as the point estimate. More precisely, in order to produce a point estimate, we apply a point estimator to the data.

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brainly.com/question/17514579

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