The number of Facebook users for each year from 2004 to 2016 can be found in the table below.Round all values to three decimal places. Year 2004 2005 || 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 2014 | 2015 | 2016 Users 1 in millions 1056 1230 1440 | 1710 || 2000 6 12 58 145 360 608 845 Using years since 2000, do both exponential and logistic regression and be sure to graph them and compare them to the scatterplot of the data. What model is the best fit to the data? O exponential O logistic What is the equation of the best fit model? Based on this model, what will be the number of Facebook users in the year 2025? Is that value reasonable or not? Explain why. O Yes, the answer is reasonable. O No, the answer is not reasonable.

The number of Facebook users for each year from 2004 to 2016 can be found in the table below.Round all values to three decimal places. Year 2004 2005 || 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 2014 | 2015 | 2016 Users 1 in millions 1056 1230 1440 | 1710 || 2000 6 12 58 145 360 608 845 Using years since 2000, do both exponential and logistic regression and be sure to graph them and compare them to the scatterplot of the data. What model is the best fit to the data? O exponential O logistic What is the equation of the best fit model? Based on this model, what will be the number of Facebook users in the year 2025? Is that value reasonable or not? Explain why. O Yes, the answer is reasonable. O No, the answer is not reasonable.

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Question

The number of Facebook users for each year from 2004 to 2016 can be found in the table
below.Round all values to three decimal places.
Year
2004 2005 2006 | 2007 | 2008 || 2009 | 2010
2011
2012 | 2013 2014 | 2015 | 2016
Users
1
in millions
58
145
1056 1230
6.
12
360
608
845
1440 1710 2000
Using years since 2000, do both exponential and logistic regression and be sure to graph them and
compare them to the scatterplot of the data.
What model is the best fit to the data?
exponential
O logistic
What is the equation of the best fit model?
Based on this model, what will be the number of Facebook users in the year 2025?
Is that value reasonable or not? Explain why.
O Yes, the answer is reasonable.
O No, the answer is not reasonable.

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