Math Problem Statement

x 1 2 3 4 5 6 y 473 398 307 214 170 129

Use exponential regression to find an exponential equation that best fits this data. Round both a and b to 4 decimal places.

Solution

To find the exponential regression equation in the form y=abxy = a \cdot b^x that best fits the data, we will perform the following steps:

Data:

  • x=[1,2,3,4,5,6]x = [1, 2, 3, 4, 5, 6]
  • y=[473,398,307,214,170,129]y = [473, 398, 307, 214, 170, 129]

We can apply a logarithmic transformation to the data, fit it to a linear regression model, and then transform it back into the exponential form.

The transformed form is: ln(y)=ln(a)+xln(b)\ln(y) = \ln(a) + x \cdot \ln(b) We will find aa and bb using this linearized form, and then convert back to the original exponential model. Let me calculate that for you.The exponential regression equation that best fits the data is:

y=651.9199(0.7643)xy = 651.9199 \cdot (0.7643)^x

Both aa and bb are rounded to four decimal places.

Would you like to see more details on the process, or do you have any other questions?

Here are 5 related questions to expand your understanding:

  1. How do you apply logarithmic transformations to data?
  2. What is the significance of the coefficients aa and bb in an exponential regression model?
  3. How can you interpret the R2R^2 value from the regression analysis?
  4. Can you use exponential regression for data that grows exponentially instead of decaying?
  5. How would you handle outliers in an exponential regression analysis?

Tip: Exponential regression is useful for modeling data that decays or grows at a constant percentage rate per unit increase in the independent variable.

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Math Problem Analysis

Mathematical Concepts

Exponential Regression
Logarithmic Transformation
Linear Regression

Formulas

y = a * b^x
ln(y) = ln(a) + x * ln(b)

Theorems

Logarithmic transformation in regression

Suitable Grade Level

Grades 11-12