9. The table shows the total assets (in billions of dollars) held in a US bank for the given years. 2005 2007 2009 2011 Year Credit, f(t) 41 53 79 118 4 6 0 2 (a) Let t= 0 correspond to the year 2005. Use the data for 2005 and 2011 to find a function of the form f(t)=yob that models these data. (b) Use the model from (a) to predict the total asset in 2015.

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
icon
Related questions
Question
100%
(c) Use a graphing calculator to find exponential regression model for the data.
Transcribed Image Text:(c) Use a graphing calculator to find exponential regression model for the data.
9. The table shows the total assets (in billions of dollars) held in a US bank for the given years.
2007 2009 2011
Year
Credit, f(t)
53 79 118
4 6
2
2005
41
0
(a) Let t= 0 correspond to the year 2005. Use the data for 2005 and 2011 to find a function
of the form f(t)= yobt that models these data.
(b) Use the model from (a) to predict the total asset in 2015.
Transcribed Image Text:9. The table shows the total assets (in billions of dollars) held in a US bank for the given years. 2007 2009 2011 Year Credit, f(t) 53 79 118 4 6 2 2005 41 0 (a) Let t= 0 correspond to the year 2005. Use the data for 2005 and 2011 to find a function of the form f(t)= yobt that models these data. (b) Use the model from (a) to predict the total asset in 2015.
Expert Solution
steps

Step by step

Solved in 5 steps with 1 images

Blurred answer
Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Basic Technical Mathematics
Basic Technical Mathematics
Advanced Math
ISBN:
9780134437705
Author:
Washington
Publisher:
PEARSON
Topology
Topology
Advanced Math
ISBN:
9780134689517
Author:
Munkres, James R.
Publisher:
Pearson,