Global sales of energy-efficient compact fluorescent lamps have been growing appx. exponentially
Year…..Sales
1990…..83
1992…..138
1994….206
1996….288
1998…..387
2000…..528
So…
1. Find the exponential regression function for sales S, as a function of the number of years, t, since 1990.
2. Plot the functgion with the data. Does it appear to fit well. So would I use the R value???
3. What annual % growth does the exponential model show?
THANKS SO MUCH!!!!
y= 92*b^1.20
2. Plug this equation into your graphing calculator.
3. Plug in y value in the equation and you would be able to find the anual growth.