A popular social media platform has begun offering stock shares to the public. In the past 2 years, the price of the stock has generally increased. An investment specialist gathers data on the stock price during the past 2 years and creates an exponential model for estimating the stock price based on the number of weeks after the first public offering. Based on the scatterplot and computer output, a reasonable estimate for the stock price for week 95 is: O $2.27 because ý = 0.0022(95) + 2.0583 = 2.2673. O $9.65 because log y =0.0022(95) +2.0583=2.2673 and e2.2673 = 9.6533. %3D log(Stock Price) vs. Weeks O $185.05 because log y =0.0022(95) +2.0583=2.2673 and 102.2673 = 185.05. 2.28 2.26 O $220.44 because log y =0.0030(95) +2.0583=2.3433 and 2.24 2.22 102.3433 = 220.44 2.2 2.12 2.16 2.14 2.12 2.1 2.08 log(Stock Price)
A popular social media platform has begun offering stock shares to the public. In the past 2 years, the price of the stock has generally increased. An investment specialist gathers data on the stock price during the past 2 years and creates an exponential model for estimating the stock price based on the number of weeks after the first public offering. Based on the scatterplot and computer output, a reasonable estimate for the stock price for week 95 is: O $2.27 because ý = 0.0022(95) + 2.0583 = 2.2673. O $9.65 because log y =0.0022(95) +2.0583=2.2673 and e2.2673 = 9.6533. %3D log(Stock Price) vs. Weeks O $185.05 because log y =0.0022(95) +2.0583=2.2673 and 102.2673 = 185.05. 2.28 2.26 O $220.44 because log y =0.0030(95) +2.0583=2.3433 and 2.24 2.22 102.3433 = 220.44 2.2 2.12 2.16 2.14 2.12 2.1 2.08 log(Stock Price)
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter7: Analytic Trigonometry
Section7.6: The Inverse Trigonometric Functions
Problem 91E
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