Year 1850 1900 1950

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 17HP
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The following data gives the approximate population of the world for selected years from 1850 until2000.
Year
1850
1900
1950
1980
2000
Population 1.3
(billions)
1.6
3
4.4
Assume that the population growth can be modeled with an exponential function p = bemx where x is the
year and p is the population in billions. Use linearleast-squares regression to determine the constants b and
m for which the function best fits the data. Use the equation to estimate the population in the year 1970.
Transcribed Image Text:The following data gives the approximate population of the world for selected years from 1850 until2000. Year 1850 1900 1950 1980 2000 Population 1.3 (billions) 1.6 3 4.4 Assume that the population growth can be modeled with an exponential function p = bemx where x is the year and p is the population in billions. Use linearleast-squares regression to determine the constants b and m for which the function best fits the data. Use the equation to estimate the population in the year 1970.
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