Question

The variable x gives the number of fines ACME corporation accrues in pursuit of the perfect car. The variable y gives the profit of ACME if they accrue x fines.
a) if y is a linear function, find the equation for y. Give the missing values of the table. What is the slope of y given the units and interpret the meaning of the slope. Estimate y (10) using the model.
b) if y is an exponential function, find the equation for y . Give the missing values of the table. WHat is the growth rate? Estimate y(10) using a linear model.

table is (1,9) (2,2.5) (3,?) (4,?) (5,?) (6,?)

Expert Solution
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