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Bottled Water Sales Annual U.S. per capita sales of bottled water in the period 2007–2014 could be approximated by
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Finite Mathematics and Applied Calculus (MindTap Course List)
- Table 2 shows a recent graduate’s credit card balance each month after graduation. a. Use exponential regression to fit a model to these data. b. If spending continues at this rate, what will the graduate’s credit card debt be one year after graduating?arrow_forwardTable 6 shows the population, in thousands, of harbor seals in the Wadden Sea over the years 1997 to 2012. a. Let x represent time in years starting with x=0 for the year 1997. Let y represent the number of seals in thousands. Use logistic regression to fit a model to these data. b. Use the model to predict the seal population for the year 2020. c. To the nearest whole number, what is the limiting value of this model?arrow_forwardThe fox population in a certain region has an annualgrowth rate of 9 per year. In the year 2012, therewere 23,900 fox counted in the area. What is the foxpopulation predicted to be in the year 2020 ?arrow_forward
- . Subprime Mortgage Debt during the Housing Bubble (Compare Exercise 104.) During the real estate run-up 2000–2008 the value of subprime (normally classified as risky) mortgage debt outstanding in the United States could be approximated by in 1,350 A(t) = 1 + 4.2(1.7) billion dollars (0arrow_forwardmodel a population p if its rate of growth is proportional to the amount present at time tarrow_forward. Subprime Mortgage Debt during the Housing Bubble (Compare Exercise 104.) During the real estate run-up 2000–2008 the value of subprime (normally classified as risky) mortgage debt outstanding in the United States could be approximated by in 1,350 A(t) = billion dollars (0arrow_forwardarrow_back_iosarrow_forward_iosRecommended textbooks for you
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