The following table shows the total spent on research and development by industry in a country, in billions of dollars, for the period 2002-2012. Year t (years since 2000) 56 Spending ($ billion) 194 197 197 207 218 229 237 224 222 234 245 Find the logarithmic regression model of the form S(t)- A In(t) + C with coefficients A and C rounded to two decimal places. s(t)- 2 3 4 7 8 9 10 11 12
The following table shows the total spent on research and development by industry in a country, in billions of dollars, for the period 2002-2012. Year t (years since 2000) 56 Spending ($ billion) 194 197 197 207 218 229 237 224 222 234 245 Find the logarithmic regression model of the form S(t)- A In(t) + C with coefficients A and C rounded to two decimal places. s(t)- 2 3 4 7 8 9 10 11 12
Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter5: A Survey Of Other Common Functions
Section5.1: Logistic Functions
Problem 13E
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![The following table shows the total spent on research and development by industry in a country, in billions of dollars, for the period 2002-2012.
Year t
(years since 2000)
Spending ($ billion) 194 197
Find the logarithmic regression model of the form S(t)- A In(t) + C with coefficients A and C rounded to two decimal places.
s(t)-
2
3
4
5
6
7
197 207 218 229
8
237
9
10 11 12
224 222 234 245](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbc84ba02-cd45-4ad4-9c89-9c840cb88804%2Fda196910-e5f2-4a83-b343-813eec2a5050%2Fvqj4898_processed.png&w=3840&q=75)
Transcribed Image Text:The following table shows the total spent on research and development by industry in a country, in billions of dollars, for the period 2002-2012.
Year t
(years since 2000)
Spending ($ billion) 194 197
Find the logarithmic regression model of the form S(t)- A In(t) + C with coefficients A and C rounded to two decimal places.
s(t)-
2
3
4
5
6
7
197 207 218 229
8
237
9
10 11 12
224 222 234 245
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