The following table represents the internet advertising revenue (in billions). (x represents the time in years since 2007) Round function values to nearest hundredth a)  Find and write out the linear function of best fit for this data. b)  Find and write out the exponential function of best fit for this data. c)  Find and write out the quadratic function of best fit for this data. d)  Create a table of the r squared values together with each of your best fit curves (round to nearest thousandth). e)  Copy the best of the best fit functions here. Explain how you picked this function. f)  Use your best function to estimate the Internet Advertising Revenue this year. Year 2007 2008 2009 2010 2011 2012 2013 2014 Internet Advertising Revenue (in billions) 21.2 23.4 22.7 25.8 28.5 32.6 36 40.5

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Topic Video
Question

The following table represents the internet advertising revenue (in billions). (x represents the time in years since 2007)

Round function values to nearest hundredth

  1. a)  Find and write out the linear function of best fit for this data.

  2. b)  Find and write out the exponential function of best fit for this data.

  3. c)  Find and write out the quadratic function of best fit for this data.

  4. d)  Create a table of the r squared values together with each of your best fit curves (round to nearest thousandth).

  5. e)  Copy the best of the best fit functions here. Explain how you picked this function.

  6. f)  Use your best function to estimate the Internet Advertising Revenue this year.

Year

2007

2008

2009

2010

2011

2012

2013

2014

Internet Advertising Revenue (in billions)

21.2

23.4

22.7

25.8

28.5

32.6

36

40.5

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 5 steps with 5 images

Blurred answer
Knowledge Booster
Optimization
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman