The table below represents the number of clients for a company from 2018 to 2022 (t − 0 represents 2018): Year, t Clients(Thousands) 1 6 2 10 3 25 4 34 (a) Find a logarithmic regression model, f(t) = A ln t + C to represent the data. (b) Using the model, predict the number of users in 2023? (c) Using the model, when will the company exceed 5227 clients?
The table below represents the number of clients for a company from 2018 to 2022 (t − 0 represents 2018): Year, t Clients(Thousands) 1 6 2 10 3 25 4 34 (a) Find a logarithmic regression model, f(t) = A ln t + C to represent the data. (b) Using the model, predict the number of users in 2023? (c) Using the model, when will the company exceed 5227 clients?
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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The table below represents the number of clients for a company from 2018 to 2022 (t − 0 represents 2018):
Year, t | Clients(Thousands) |
---|---|
1 | 6 |
2 | 10 |
3 | 25 |
4 | 34 |
(a) Find a logarithmic regression model, f(t) = A ln t + C to represent the data.
(b) Using the model, predict the number of users in 2023?
(c) Using the model, when will the company exceed 5227 clients?
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