Question

Explain please FSP01210100342.jpgFSZ

Exponential models
ANSWERED
asked 2021-08-11
Explain please
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Expert Answers (1)

2021-08-12

1.
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2.Now we can see that the values of f(t) are increasing with are increment in the value of t. Thus the data represents an exponential growth function.
From the table we find that the initial value of the function is f(0)=3.80
And the growth factor is the successive ratio which is 1.04.
Now the exponential function is given by,
\(\displaystyle{f{{\left({t}\right)}}}={I}{n}{i}{t}{i}{a}{l}\ {v}{a}{l}{u}{e}\cdot{\left({G}{r}{o}{w}{t}{h}\ factor\right)}^{{t}}\)
i.e. \(\displaystyle{f{{\left({t}\right)}}}={3.80}\cdot{\left({1.04}\right)}^{{t}}\)

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