The EXPONENTIAL REGRESSION equation obtained by fitting the data is [tex]y = 58.031(0.964)^x[/tex]
To obtain the exponential regression equation which models the data, we could use technology, we involves Inputting the data into an EXPONENTIAL REGRESSION CALCULATOR or EXCEL
Using an exponential regression calculator :
The regression equation obtained is :
[tex]y = 58.031(0.964)^x[/tex]
The general function of an exponential regression function is : [tex]AB^x[/tex]
A = 58.031 = Initial value ; B = Decay factor
Hence, the EXPONENTIAL REGRESSION EQUATION obtained using technology is : [tex]y = 58.031(0.964)^x[/tex]
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