Exponential Regression The table below shows the population, P, (in thousands) of a town after n years. 12 14 19 2600 2866.15 3421.42 4287.56 4502.36 5203.92 (a) Use your calculator to determine the exponential regression equation P that models the set of data above. Round the value of a to two decimal places and round the value of b to three decimal places. Use the indicated variables. %3D (b) Based on the regression model, what is the percent increase per year? (c) Use your regression model to find Pwhen n = 13. Round your answer to two decimal places. P = thousand people (d) Interpret your answer by completing the following sentence. The population of the town after years is thousand people.
Exponential Regression The table below shows the population, P, (in thousands) of a town after n years. 12 14 19 2600 2866.15 3421.42 4287.56 4502.36 5203.92 (a) Use your calculator to determine the exponential regression equation P that models the set of data above. Round the value of a to two decimal places and round the value of b to three decimal places. Use the indicated variables. %3D (b) Based on the regression model, what is the percent increase per year? (c) Use your regression model to find Pwhen n = 13. Round your answer to two decimal places. P = thousand people (d) Interpret your answer by completing the following sentence. The population of the town after years is thousand people.
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Transcribed Image Text:Exponential Regression
The table below shows the population, P, (in thousands) of a town after n years.
12
14
19
P 2600
2866.15
3421.42
4287.56
4502.36
5203.92
(a) Use your calculator to determine the exponential regression equation P that models the set of
data above. Round the value of a to two decimal places and round the value of b to three decimal
places. Use the indicated variables.
P =
(b) Based on the regression model, what is the percent increase per year?
(c) Use your regression model to find P when n =
13. Round your answer to two decimal places.
P =
thousand people
(d) Interpret your answer by completing the following sentence.
The population of the town after
years is
thousand people.
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