Example 18.18 Fit a simple exponential trend to the following data, and estimate the sales for 1989. Year 1985 1986 1987 1988 1989 Sales (Rs crore) 100 105 112 120 130

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.2: Graphs Of Exponential Functions
Problem 1SE: What role does the horizontal asymptote of anexponential function play in telling us about the...
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Example 18.18 Fit a simple exponential trend to the following data, and estimate the sales for 1989.
Year
1985
1986
1987
1988
1989
Sales (Rs crore)
100
105
112
120
130
Transcribed Image Text:Example 18.18 Fit a simple exponential trend to the following data, and estimate the sales for 1989. Year 1985 1986 1987 1988 1989 Sales (Rs crore) 100 105 112 120 130
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