A company does a study on the effect of production valuep of an advertisement on itsconsumer approval rating A. After interviewing eight focus groups, they come up withthe following data:Production ValueIn Dollars1000Consumer ApprovalPercent32200033300046350055360061380065400069500070Assume that 4(p) gives the consumer approval percentage as a function of p. Assume that A(p) gives the consumer approval percentage as a function of p.1. Estimate A' (3500). Is this likely to be an overestimate or an underestimate?Why?2. Interpret your answer to Problem 1 in real terms. What does your estimate ofA'(3500) tell you?your3. What are the units of A (p)?4. Estimate A (3550). Is your estimate better or worse than your estimate ofA'(3500)? Why?

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Assume that A(p) gives the consumer approval percentage as a function of p. 1. Estimate A'(3500). Is this likely to be an overestimate or an underestimate? Why? 2. Interpret your answer to Problem 1 in real terms. What does your estimate of A' (3500) tell you? 3. What are the units of A'(p)?

Assume that A(p) gives the consumer approval percentage as a function of p. 1. Estimate A'(3500). Is this likely to be an overestimate or an underestimate? Why? 2. Interpret your answer to Problem 1 in real terms. What does your estimate of A' (3500) tell you? 3. What are the units of A'(p)?

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter5: Inverse, Exponential, And Logarithmic Functions

Section5.6: Exponential And Logarithmic Equations

Problem 67E

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