Industry Standard states that "independent Twitter data shows exponential tweet growth." GigaTweet, an independent tweet-counting service, reports that the number of tweets was 5.0 billion in October 2009. In April 2009, the number of tweets was 1.6 billion. (a) Develop the exponential growth model that fits with these data, where t is the number of months after April 2009 and p is the number

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.