ales for exercise equipment in a country were $1830 million in 1990 and $5108 million in 2005. Use the regression feature of a graphing utility to find an exponential growth model and a linear model for the data. (Use y to represent sales in millions of dollars and t to represent years after 1990. Round your values to four decimal places.) exponential model linear model y = y = X X Use the exponential growth model to estimate the sales in 2013. (Round your answer to one decimal place.) $ Use the linear model to estimate the sales in 2013. (Round your answer to one decimal place.) $ Use a graphing utility to graph the models from part (a). Which model is more accurate? O The exponential model is more O The linear model is more accurate. O More information is needed.

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 sales for exercise equipment in a country were $1830 million in 1990 and $5108 million in 2005.
(a) Use the regression feature of a graphing utility to find an exponential growth model and a linear model for the data. (Use y to represent
sales in millions of dollars and t to represent years after 1990. Round your values to four decimal places.)
exponential model
linear model
y =
y =
X
X
(b) Use the exponential growth model to estimate the sales in 2013. (Round your answer to one decimal place.)
$
(c) Use the linear model to estimate the sales in 2013. (Round your answer to one decimal place.)
$
(d) Use a graphing utility to graph the models from part (a). Which model is more accurate?
O The exponential model is more
ate.
The linear model is more accurate.
More information is needed.
Transcribed Image Text:The sales for exercise equipment in a country were $1830 million in 1990 and $5108 million in 2005. (a) Use the regression feature of a graphing utility to find an exponential growth model and a linear model for the data. (Use y to represent sales in millions of dollars and t to represent years after 1990. Round your values to four decimal places.) exponential model linear model y = y = X X (b) Use the exponential growth model to estimate the sales in 2013. (Round your answer to one decimal place.) $ (c) Use the linear model to estimate the sales in 2013. (Round your answer to one decimal place.) $ (d) Use a graphing utility to graph the models from part (a). Which model is more accurate? O The exponential model is more ate. The linear model is more accurate. More information is needed.
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