Solved

Solve the Problem Book Sales Vs y=a+blnty = a + b \ln t

Question 310

Multiple Choice

Solve the problem.
-The sales of a book tend to increase over the short-term as word-of-mouth makes the book "catch on." The number of books sold N(t) for a new novel t weeks after release at a certain book store is given In the table for the first 6 weeks.
 Weeks t Number  Sold N(t) 120228333436538641\begin{array}{c|c}\text { Weeks } t & \begin{array}{c}\text { Number } \\\text { Sold } N(t) \end{array} \\\hline 1 & 20 \\2 & 28 \\3 & 33 \\4 & 36 \\5 & 38 \\6 & 41\end{array}

Book Sales vs. Weeks After Release
 Solve the problem. -The sales of a book tend to increase over the short-term as word-of-mouth makes the book  catch on.  The number of books sold N(t)  for a new novel t weeks after release at a certain book store is given In the table for the first 6 weeks.   \begin{array}{c|c} \text { Weeks } t & \begin{array}{c} \text { Number } \\ \text { Sold } N(t)  \end{array} \\ \hline 1 & 20 \\ 2 & 28 \\ 3 & 33 \\ 4 & 36 \\ 5 & 38 \\ 6 & 41 \end{array}   Book Sales vs. Weeks After Release     a. Find a model of the form  y = a + b \ln t . b. Use the model to predict the sales in week 11. Round to the nearest whole unit. c. Is it reasonable to assume that the logarithmic trend will continue? Why or why not? A)  a.  y = 3.9 + 19 \ln t  b. 49 books c. Yes. The number of books sold will continue to increase although the sales will approach a limit. B)  a.  y = 20.1 + 11.5 \ln t  b. 48 books c. Yes. The number of books sold will continue to increase although the sales will approach a limit. C)  a.  y = 3.9 + 19 \ln t  b. 49 books c. No. The trend cannot continue indefinitely. At some point, book sales will begin to decrease as most reading enthusiasts have read the book.  D)  a.  y = 20.1 + 11.5 \ln t  b. 48 books c. No. The trend cannot continue indefinitely. At some point, book sales will begin to decrease as most reading enthusiasts have read the book.


a. Find a model of the form y=a+blnty = a + b \ln t .
b. Use the model to predict the sales in week 11. Round to the nearest whole unit.
c. Is it reasonable to assume that the logarithmic trend will continue? Why or why not?


A) a. y=3.9+19lnty = 3.9 + 19 \ln t
b. 49 books
c. Yes. The number of books sold will continue to increase although the sales will approach a limit.
B) a. y=20.1+11.5lnty = 20.1 + 11.5 \ln t
b. 48 books
c. Yes. The number of books sold will continue to increase although the sales will approach a limit.
C) a. y=3.9+19lnty = 3.9 + 19 \ln t
b. 49 books
c. No. The trend cannot continue indefinitely. At some point, book sales will begin to decrease as most reading enthusiasts have read the book.
D) a. y=20.1+11.5lnty = 20.1 + 11.5 \ln t
b. 48 books
c. No. The trend cannot continue indefinitely. At some point, book sales will begin to decrease as most reading enthusiasts have read the book.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents