log(Stock Price) vs. Weeks

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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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 y 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.
log(Stock Price) vs. Weeks
O $185.05 because kg y =0.0022(95)+2.0583=2.2673
and 102 2673 = 185.05.
2.28
2.26
224
O $220.44 because log y 0.0030(95)+2.0583 2.3433 and
2.22
22
2 12
2 16
102.3433 = 220.44
ock Price)
Transcribed Image Text: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 y 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. log(Stock Price) vs. Weeks O $185.05 because kg y =0.0022(95)+2.0583=2.2673 and 102 2673 = 185.05. 2.28 2.26 224 O $220.44 because log y 0.0030(95)+2.0583 2.3433 and 2.22 22 2 12 2 16 102.3433 = 220.44 ock Price)
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