The table below shows the average annual salary Year 1970 1975 1980 1985 1990 1995 2000 2005 040 Salary (in thousands) 23 56 79 217 356 787 1116 1400 nnn a. Use the exponential regression on a graphing calculator to find a mathematical model for this data where x=0 corresponds to 1970 and f(x) represents the salary (in thousand *x- (Use integers or decimals for any numbers in the expression. Round to three decimal places as needed) b. Graph the data and the model on the same coordinate system. Choose the correct graph below. All graphs are shown on a scale of 10,40, since 1970 and the y-axis represents the salary (in thousands) OB. OC. do by 10,3500,5001, where the x-axis m OD.
The table below shows the average annual salary Year 1970 1975 1980 1985 1990 1995 2000 2005 040 Salary (in thousands) 23 56 79 217 356 787 1116 1400 nnn a. Use the exponential regression on a graphing calculator to find a mathematical model for this data where x=0 corresponds to 1970 and f(x) represents the salary (in thousand *x- (Use integers or decimals for any numbers in the expression. Round to three decimal places as needed) b. Graph the data and the model on the same coordinate system. Choose the correct graph below. All graphs are shown on a scale of 10,40, since 1970 and the y-axis represents the salary (in thousands) OB. OC. do by 10,3500,5001, where the x-axis m OD.
MATLAB: An Introduction with Applications
6th Edition
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Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Transcribed Image Text:c. Use f(x) to estimate the average salary in 2020.
The average salary in 2020 will be
thousands.
(Type an integer rounded to the nearest whole thousands.)
d. The average salary in NFL Jn 1997 was reported to be $736,700. How does this compare with the value given by the model?
A. The model does not give a value for 1997.
B. The actual value is greater than the model.
OC. The actual value is less than the model.
OD. The actual value is the same as the model.
![The table below shows the average annual salary (in thousands) of players in the NFL in selected years since 1970.
Year
1970
1975
1980
1985
1990
1995
2000
2005
0010
Salary
(in thousands)
23
56
79
217
356
787
1116
1400
*000
a. Use the exponential regression on a graphing calculator to find a mathematical model for this data where x=0 corresponds to 1970 and f(x) represents the salary (in thousands
OA
(Use integers or decimals for any numbers in the expression. Round to three decimal places as needed.)
b. Graph the data and the model on the same coordinate system. Choose the correct graph below. All graphs are shown on a scale of 10,40,5] by [0,3500,5001, where the x-axis te
since 1970 and the y-axis represents the salary (in thousands).
Q
CITE
3
SOB.
OC.
OD.
ode](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F50233a6a-47a2-4bb7-9aeb-51b1c1c17965%2Fdcbb581e-27d3-42df-bfa1-6925bc814d8d%2Fpb2hwzf_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The table below shows the average annual salary (in thousands) of players in the NFL in selected years since 1970.
Year
1970
1975
1980
1985
1990
1995
2000
2005
0010
Salary
(in thousands)
23
56
79
217
356
787
1116
1400
*000
a. Use the exponential regression on a graphing calculator to find a mathematical model for this data where x=0 corresponds to 1970 and f(x) represents the salary (in thousands
OA
(Use integers or decimals for any numbers in the expression. Round to three decimal places as needed.)
b. Graph the data and the model on the same coordinate system. Choose the correct graph below. All graphs are shown on a scale of 10,40,5] by [0,3500,5001, where the x-axis te
since 1970 and the y-axis represents the salary (in thousands).
Q
CITE
3
SOB.
OC.
OD.
ode
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Step 1: Write the given information.
VIEWStep 2: Determine the exponential regression equation using the given data.
VIEWStep 3: Construct the graph and data for the model on the same coordinate system.
VIEWStep 4: Estimate the average salary in 2020 using the obtained model.
VIEWStep 5: Compare the average salary in NHL in 2007 with the predicted salary in 2007 using model.
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