a = X y b= 1 2 3 4 978 1464 2445 4040 Use regression to find an exponential equation that best fits the data above. The equation has form y = ab* where: 5 6 6672 10601

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**Regression Analysis to Determine Exponential Growth**

The following data set consists of pairs of x and y values:

\[
\begin{array}{|c|c|c|c|c|c|c|}
\hline
x & 1 & 2 & 3 & 4 & 5 & 6 \\
\hline
y & 978 & 1464 & 2445 & 4040 & 6672 & 10601 \\
\hline
\end{array}
\]

### Problem Statement
Use regression to find an exponential equation that best fits the data above. The equation has the form \( y = ab^x \) where:

- \( a \) is (to be determined)
- \( b \) is (to be determined)

### Steps to Solve:

1. **Logarithm Transformation:**
   - Take the natural logarithm (ln) of both sides to linearize the equation \( y = ab^x \).
   - Thus, \( \ln(y) = \ln(a) + x \ln(b) \).
   - Let \( Y = \ln(y) \), \( A = \ln(a) \), and \( B = \ln(b) \).
   - The equation \( \ln(y) = \ln(a) + x \ln(b) \) converts to \( Y = A + Bx \), which is a linear equation.

2. **Linear Regression:**
   - Perform linear regression on \( \ln(y) \) versus \( x \) to determine the values of \( A \) and \( B \).

3. **Exponentiation:**
   - After finding \( A \) and \( B \) using linear regression, exponentiate \( A \) to find \( a \).
   - Exponentiate \( B \) to find \( b \).

4. **Result:**
   - The values of \( a \) and \( b \) give you the parameters for the exponential equation \( y = ab^x \).

Please complete the regression analysis using appropriate statistical tools or software to find \( a \) and \( b \).

**Note:** This guide is designed for educational purposes to help students understand the process of deriving an exponential equation from given data using regression analysis.
Transcribed Image Text:**Regression Analysis to Determine Exponential Growth** The following data set consists of pairs of x and y values: \[ \begin{array}{|c|c|c|c|c|c|c|} \hline x & 1 & 2 & 3 & 4 & 5 & 6 \\ \hline y & 978 & 1464 & 2445 & 4040 & 6672 & 10601 \\ \hline \end{array} \] ### Problem Statement Use regression to find an exponential equation that best fits the data above. The equation has the form \( y = ab^x \) where: - \( a \) is (to be determined) - \( b \) is (to be determined) ### Steps to Solve: 1. **Logarithm Transformation:** - Take the natural logarithm (ln) of both sides to linearize the equation \( y = ab^x \). - Thus, \( \ln(y) = \ln(a) + x \ln(b) \). - Let \( Y = \ln(y) \), \( A = \ln(a) \), and \( B = \ln(b) \). - The equation \( \ln(y) = \ln(a) + x \ln(b) \) converts to \( Y = A + Bx \), which is a linear equation. 2. **Linear Regression:** - Perform linear regression on \( \ln(y) \) versus \( x \) to determine the values of \( A \) and \( B \). 3. **Exponentiation:** - After finding \( A \) and \( B \) using linear regression, exponentiate \( A \) to find \( a \). - Exponentiate \( B \) to find \( b \). 4. **Result:** - The values of \( a \) and \( b \) give you the parameters for the exponential equation \( y = ab^x \). Please complete the regression analysis using appropriate statistical tools or software to find \( a \) and \( b \). **Note:** This guide is designed for educational purposes to help students understand the process of deriving an exponential equation from given data using regression analysis.
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