Concept explainers
Special Rounding Instructions When you perform logistic regression, round the r value to three decimal places and the other parameters to two decimal places. Round all answers to two decimal places unless other-wise indicated.
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Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
- Does a linear, exponential, or logarithmic model best fit the data in Table 2? Find the model.arrow_forwardWhat might a scatterplot of data points look like if it were best described by a logarithmic model?arrow_forwardSpecial Rounding Instructions When you perform logistic regression, round the r value to three decimal places and the other parameters to two decimal places. Round all answers to two decimal places unless other-wise indicated. Fluorescent Bulbs Compact fluorescent light bulbs save energy when compared with traditional incandescent bulbs. Our green energy campaign includes efforts to get local residents to exchange their incandescent bulbs fur fluorescent bulbs. Initially 200 households make the change. Market studies suggest that, in the absence of limiting factors, we could increase that number by 25 each month. In our target area, there are 250,000 households, which we take as the limiting value. Make a logistic model that gives the number of households converting to fluorescent bulbs after t months.arrow_forward
- The U.S. Census tracks the percentage of persons 25 years or older who are college graduates. That data forseveral years is given in Table 4[14]. Determine whether the trend appears linear. If so, and assuming the trendcontinues. in what year will the percentage exceed 35%?arrow_forwardWhat is the y -intercept of the logistic growth model y=c1+aerx ? Show the steps for calculation. What does this point tell us about the population?arrow_forwardThe US. import of wine (in hectoliters) for several years is given in Table 5. Determine whether the trend appearslinear. Ifso, and assuming the trend continues, in what year will imports exceed 12,000 hectoliters?arrow_forward
- Special Rounding Instructions When you perform logistic regression, round the r value to three decimal places and the other parameters to two decimal places. Round all answers to two decimal places unless other-wise indicated. An Epidemic In a city of half a million, there are initially 800 cases of a particularly virulent strain of flu. The Centers for Disease Control and Prevention in Atlanta claims that the cumulative number of infections with this flu strain will increase by 40 per week if there are no limiting factors. Make a logistic model of the potential cumulative number of cases of flu as a function of weeks from initial outbreak, and determine how long it will be before 100, 000 people are infected.arrow_forwardWhat is the carrying capacity for a population modeled by the logistic equation P(t)=250,0001+499e0.45t ? initial population for the model?arrow_forwardSpecial Rounding Instructions When you perform logistic regression, round the r value to three decimal places and the other parameters to two decimal places. Round all answers to two decimal places unless other-wise indicated. African Bees There are 3600 commercial bee hives in a region threatened by African bees. Today African bees have taken over 50 hives. Experience in other areas shows that, in the absence of limiting factors, the African bees will increase the number of hives they take over by 30 each year. Make a logistic model that shows the number of hives taken over by African bees after t years, and determine how long it will be before 1800 hives are affected.arrow_forward
- Demand for Candy Bars In this problem you will determine a linear demand equation that describes the demand for candy bars in your class. Survey your classmates to determine what price they would be willing to pay for a candy bar. Your survey form might look like the sample to the left. a Make a table of the number of respondents who answered yes at each price level. b Make a scatter plot of your data. c Find and graph the regression line y=mp+b, which gives the number of respondents y who would buy a candy bar if the price were p cents. This is the demand equation. Why is the slope m negative? d What is the p-intercept of the demand equation? What does this intercept tell you about pricing candy bars? Would you buy a candy bar from the vending machine in the hallway if the price is as indicated. Price Yes or No 50 75 1.00 1.25 1.50 1.75 2.00arrow_forwardThe fox population in a certain region has an annualgrowth rate of 9 per year. In the year 2012, therewere 23,900 fox counted in the area. What is the foxpopulation predicted to be in the year 2020 ?arrow_forwardSpecial Rounding Instructions For this exercise set, round all regression parameters to three decimal places, but round all other answers to two decimal places unless otherwise indicated. Cell phones The following table shows the number, in millions, of cell phone subscribers in the United States at the end of the given year. Year Subscribersmillions 2010 296.3 2011 316.0 2012 326.5 2013 335.6 2014 355.4 a.Plot the data points. b.Use exponential regression to construct an exponential model for the subscriber data. c.Add the graph of the exponential model to the plot in part a. d.What was the yearly percentage growth rate from the end of 2010 through the end of 2014 for cell phone subscribership? e.In 2014, an executive had a plan that could make money for the company, provided that there would be at least 380million cell phone subscribers by the end of 2016. Solely on the basis of an exponential model for the data in the table, would it be reasonable for the executive to implement the plan?arrow_forward
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