The table shows the yield (in bushels per acre) and the total production (in millions of bushels) for corn in a country for selected years since 1950. Let x represent years since 1900. Find a logarithmic regression model (y = a +b Inx) for the yield. Estimate the yield in 2023 -0+Inx The regression model is y= (Round to one decimal place as needed.) The estimated yield in 2023 is bushels/acre. (Round to the nearest integer) EXCO Year 1950 1960 1970 1980 1990 2000 2010 *8888889 60 70 80 90 100 110 Yield 5558894

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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The table displays data on corn yield (in bushels per acre) and total production (in millions of bushels) in a country for selected years since 1950. Here, \( x \) denotes the number of years since 1900. The goal is to determine a logarithmic regression model (\( y = a + b \ln x \)) for predicting yield and to estimate the yield for the year 2023.

### Table Data:
- **Year 1950**: \( x = 50 \), Yield = 41
- **Year 1960**: \( x = 60 \), Yield = 57
- **Year 1970**: \( x = 70 \), Yield = 83
- **Year 1980**: \( x = 80 \), Yield = 93
- **Year 1990**: \( x = 90 \), Yield = 116
- **Year 2000**: \( x = 100 \), Yield = 142
- **Year 2010**: \( x = 110 \), Yield = 154

### Instructions for Calculations:
1. **Complete the Regression Model**: \( y = \left[ \, \right] + \left[ \, \right] \ln x \). Round to one decimal place as needed.
2. **Estimate Yield for 2023**: Provide the estimated yield in bushels per acre, rounded to the nearest integer. 

This activity involves fitting a logarithmic regression equation to the given data, which is a common method used in predicting trends and is especially useful when growth rates are expected to change at a diminishing rate.
Transcribed Image Text:The table displays data on corn yield (in bushels per acre) and total production (in millions of bushels) in a country for selected years since 1950. Here, \( x \) denotes the number of years since 1900. The goal is to determine a logarithmic regression model (\( y = a + b \ln x \)) for predicting yield and to estimate the yield for the year 2023. ### Table Data: - **Year 1950**: \( x = 50 \), Yield = 41 - **Year 1960**: \( x = 60 \), Yield = 57 - **Year 1970**: \( x = 70 \), Yield = 83 - **Year 1980**: \( x = 80 \), Yield = 93 - **Year 1990**: \( x = 90 \), Yield = 116 - **Year 2000**: \( x = 100 \), Yield = 142 - **Year 2010**: \( x = 110 \), Yield = 154 ### Instructions for Calculations: 1. **Complete the Regression Model**: \( y = \left[ \, \right] + \left[ \, \right] \ln x \). Round to one decimal place as needed. 2. **Estimate Yield for 2023**: Provide the estimated yield in bushels per acre, rounded to the nearest integer. This activity involves fitting a logarithmic regression equation to the given data, which is a common method used in predicting trends and is especially useful when growth rates are expected to change at a diminishing rate.
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