Data, estimations and exponential models, Unit 9 Statistics homework help
The data below represents the number of hits on your web site over 10 months.
- Make a scatter plot of ln y versus x. Use the scatter plot to find the equation for the line of best fit.
- Make a scatter plot of ln y versus ln x. Use the scatter plot to find the equation for the line of best fit.
- Based on your answers in part a and b, would an exponential model or a power model be better to represent this data? Explain.
- Use your answers from parts a and b to find an exponential model and a power model to represent this data by hand.
- Use the regression feature on your calculator to find an exponential model and a power model to represent this data.
- Use your answer from parts c and d to make the best estimate for the number of hits your web site will have in 12 months.