For this exercise, round all regression parameters to three decimal places.The table below shows the estimated value C, in dollars, of an 1877 Indian Head Cent (Philadelphia mint mark) in very fine condition t years after 1950.C- valuet = time inyears since 1950 in dollars253040045625541750602000(a) Use exponential regression to model Cas an exponential function of t.OC- 32.489 x 1.022Oc = 28.981 x 0.268tOC - 29.490 x 1.076Oc = 18.460 x 0.598Oc = 24.657 x 1.250(b) According to your exponential model, by what percentage does the value of the 1877 cent increase from year to year? (Use the model found in part (a). Round your answer to one decimal place.)

Answered: For this exercise, round all regression…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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