PLS HELP BEING TIMED!!!!
Based on the scatterplot and computer output, a
reasonable estimate for the stock price for week 95 is:
A popular social media platform has begun offering
stock shares to the public. In the past 2 years, the
price of the stock has generally increased. An
investment specialist gathers data on the stock price
during the past 2 years and creates an exponential
model for estimating the stock price based on the
number of weeks after the first public offering.
Answers
Answer:
the 3rd one
Step-by-step explanation:
i just took the test
Based on the model produced by the scatterplot, log of stock prices is calculated from the scatter plot and 10 is raised to the power of the result to obtain the estimated stock price. Hence, a reasonable estimate for the stock price would be ; $185.05
From the scatter plot model :
Week number, x = 95log y = 0.0022(95) + 2.0583
log y = 2.2673
y = estimated stock priceRaise the power of both sides to the power of 10
[tex]y = 10^{2.2673} = 185.054 [/tex]
Therefore, a reasonble estimate for the stock price would be $185.05
Learn more : https://brainly.com/question/10992447
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Answers
Answer:
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Step-by-step explanation:
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Answer:
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Step-by-step explanation:
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Step-by-step explanation:
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Answers
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Step-by-step explanation: