A popular social media platform has begun offering stock shares to the public. In the past 2 years, the price of the stock has generally increased. An investment specialist gathers data on the stock price during the past 2 years and creates an exponential model for estimating the stock price based on the number of weeks after the first public offering. Based on the scatterplot and computer output, a reasonable estimate for the stock price for week 95 is: O $2.27 because ý = 0.0022(95) + 2.0583 = 2.2673. O $9.65 because log y =0.0022(95) +2.0583=2.2673 and e2.2673 = 9.6533. %3D log(Stock Price) vs. Weeks O $185.05 because log y =0.0022(95) +2.0583=2.2673 and 102.2673 = 185.05. 2.28 2.26 O $220.44 because log y =0.0030(95) +2.0583=2.3433 and 2.24 2.22 102.3433 = 220.44 2.2 2.12 2.16 2.14 2.12 2.1 2.08 log(Stock Price)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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9.
10
TIME REMAIN
01:51:3
A popular social media platform has begun offering
stock shares to the public. In the past 2 years, the
Based on the scatterplot and computer output, a
reasonable estimate for the stock price for week 95 is:
price of the stock has generally increased. An
investment specialist gathers data on the stock price
O $2.27 because ý = 0.0022(95) + 2.0583 = 2.2673
during the past 2 years and creates an exponential
model for estimating the stock price based on the
number of weeks after the first public offering.
O $9.65 because log y =0.0022(95) +2.0583=2.2673 and
e2.2673 = 9.6533.
log(Stock Price) vs. Weeks
O $185.05 because log y =0.0022(95) + 2.0583=2.2673
2 28
2.26
2.24
2.22
2.2|
2.12
and 102.2673 = 185.05.
O $220.44 because log y =0.0030(95) +2.0583=2.3433 and
102.3433 = 220.44
2.16
2.14
8 2.12
2.1
2.08
Save and Exit
Next
Submit
Mark this and return
log(Stock Price)
Transcribed Image Text:9. 10 TIME REMAIN 01:51:3 A popular social media platform has begun offering stock shares to the public. In the past 2 years, the Based on the scatterplot and computer output, a reasonable estimate for the stock price for week 95 is: price of the stock has generally increased. An investment specialist gathers data on the stock price O $2.27 because ý = 0.0022(95) + 2.0583 = 2.2673 during the past 2 years and creates an exponential model for estimating the stock price based on the number of weeks after the first public offering. O $9.65 because log y =0.0022(95) +2.0583=2.2673 and e2.2673 = 9.6533. log(Stock Price) vs. Weeks O $185.05 because log y =0.0022(95) + 2.0583=2.2673 2 28 2.26 2.24 2.22 2.2| 2.12 and 102.2673 = 185.05. O $220.44 because log y =0.0030(95) +2.0583=2.3433 and 102.3433 = 220.44 2.16 2.14 8 2.12 2.1 2.08 Save and Exit Next Submit Mark this and return log(Stock Price)
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