a television set that also have a VCR. Year 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 % having VCR 0.2 0.4 0.7 1.4 2.5 5.2 9.4 16.5 24.5 35.6 44.4 53.7 55.0 63.0 (a) During what year does the point of "diminishing returns" (i.e., the inflection point) appear to take place? (b) If the best fitting logistic function for this data is
a television set that also have a VCR. Year 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 % having VCR 0.2 0.4 0.7 1.4 2.5 5.2 9.4 16.5 24.5 35.6 44.4 53.7 55.0 63.0 (a) During what year does the point of "diminishing returns" (i.e., the inflection point) appear to take place? (b) If the best fitting logistic function for this data is
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 4BGP
Related questions
Question
The following table gives the percentage, PP, of households with a television set that also have a VCR.
Year | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 |
% having VCR | 0.2 | 0.4 | 0.7 | 1.4 | 2.5 | 5.2 | 9.4 | 16.5 | 24.5 | 35.6 | 44.4 | 53.7 | 55.0 | 63.0 |
(a) During what year does the point of "diminishing returns" (i.e., the inflection point) appear to take place?
(b) If the best fitting logistic
P=63/1+350e^−0.68t
(where tt is years since 1978) what is the limiting value (as tt gets very large)?
(c) What is the exact difference (in absolute value), if any, between the value predicted by the given function and the value stated in the table for the year 1983?
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