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PRACTICE ANOTHER The following table shows the average price of a two-bedroom apartment in downtown New York City during the real estate boom from 1994 to 2004. 0 (1994) 10 (2004) 0.38 1.60 Price ($ million) 2 X 4 0.40 0.60 6 0.95 8 1.20 (a) Use exponential regression to model the price P(r) as a function of time t since 1994. (Round the coefficients to 3 decimal places.) HINT (See Example 6.) P(1) -

PRACTICE ANOTHER The following table shows the average price of a two-bedroom apartment in downtown New York City during the real estate boom from 1994 to 2004. 0 (1994) 10 (2004) 0.38 1.60 Price ($ million) 2 X 4 0.40 0.60 6 0.95 8 1.20 (a) Use exponential regression to model the price P(r) as a function of time t since 1994. (Round the coefficients to 3 decimal places.) HINT (See Example 6.) P(1) -

MATLAB: An Introduction with Applications
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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PRACTICE ANOTHER The following table shows the average price of a two-bedroom apartment in downtown New York City during the real estate boom from 1994 to 2004, 0 (1994) 10 (2004) 0.38 Price ($ million) P(t)= 2 X 4 0.40 0.60 0.95 (a) Use exponential regression to model the price P(t) as a function of time t since 1994. (Round the coefficients to 3 decimal places.) HINT (See Example 6.] 6 8 1.20 1.60
Transcribed Image Text:PRACTICE ANOTHER The following table shows the average price of a two-bedroom apartment in downtown New York City during the real estate boom from 1994 to 2004, 0 (1994) 10 (2004) 0.38 Price ($ million) P(t)= 2 X 4 0.40 0.60 0.95 (a) Use exponential regression to model the price P(t) as a function of time t since 1994. (Round the coefficients to 3 decimal places.) HINT (See Example 6.] 6 8 1.20 1.60
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