For the following exercise, consider the stock market crash in 1929 in the United States. The table lists the Dow Jones industrial average per year leading up to the crash.
Years after 1920 | Value($) |
1 | 63.90 |
3 | 100 |
5 | 110 |
7 | 160 |
9 | 381.17 |
Source: http://stockcharts.com/freecharts/historical/ djia19201940.html
458. [T] The best-fit exponential curve to these data is given by
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