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ff data gives the approximate population of China from 1990-2010 Year 1900 1950 1970 1980 1990 2000 2010   Population 400 557 825 981 1153 1266 1370 Assume that the population growth can be modeled with an exponential function p = bemx , where x is the year and p is the population in millions. Write the equation in a linearized form of the equation, e.g. ln p = ln b + mx, and use linear least-squares regression (here you can use Excel) to determine the constants b and m for which the function best fits the data. Use the equation to estimate the population in the year 1985.

ff data gives the approximate population of China from 1990-2010 Year 1900 1950 1970 1980 1990 2000 2010   Population 400 557 825 981 1153 1266 1370 Assume that the population growth can be modeled with an exponential function p = bemx , where x is the year and p is the population in millions. Write the equation in a linearized form of the equation, e.g. ln p = ln b + mx, and use linear least-squares regression (here you can use Excel) to determine the constants b and m for which the function best fits the data. Use the equation to estimate the population in the year 1985.

College Algebra
College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.8: Fitting Exponential Models To Data
Problem 1TI: Table 2 shows a recent graduate’s credit card balance each month after graduation. a. Use...
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The ff data gives the approximate population of China from 1990-2010

Year 1900 1950 1970 1980 1990 2000

2010

 
Population 400 557 825 981 1153 1266 1370

Assume that the population growth can be modeled with an exponential function p = bemx , where x is the year and p is the population in millions.

Write the equation in a linearized form of the equation, e.g. ln p = ln b + mx, and use linear least-squares regression (here you can use Excel) to determine the constants b and m for which the function best fits the data. Use the equation to estimate the population in the year 1985. Comment on the result vis a vis actual population of China in 1985.

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