The following graph shows the actual percentage of U.S. households with a computer as a function of household income (the data points) and a logistic model of these data (the curve). The logistic model is
$P ( x ) = \frac { 91 } { 1 + 5.25 ( 1.05 ) ^ { - x } }$
where x is the household income in thousands of dollars. For low incomes, the logistic model is approximately exponential. Which exponential model best approximates P(x) for small x Round the coefficients to the nearest hundredth.

P(x) = ________ ·( ________)x

Question

The following graph shows the actual percentage of U.S. households with a computer as a function of household income (the data points) and a logistic model of these data (the curve). The logistic model is
  $P ( x ) = \frac { 91 } { 1 + 5.25 ( 1.05 ) ^ { - x } }$  
where x is the household income in thousands of dollars. For low incomes, the logistic model is approximately exponential. Which exponential model best approximates P(x) for small x  Round the coefficients to the nearest hundredth.
     
 P(x) = ________ ·( ________)x

Quizplus · Accepted Answer

The Answer of The following graph shows the actual percentage of U.S. households with a computer as a function of household income (the data points) and a logistic model of these data (the curve). The logistic model is
  $P ( x ) = \frac { 91 } { 1 + 5.25 ( 1.05 ) ^ { - x } }$  
where x is the household income in thousands of dollars. For low incomes, the logistic model is approximately exponential. Which exponential model best approximates P(x) for small x  Round the coefficients to the nearest hundredth.
     
 P(x) = ________ ·( ________)x

The Following Graph Shows the Actual Percentage of U P(x)=911+5.25(1.05)−xP ( x ) = \frac { 91 } { 1 + 5.25 ( 1.05 ) ^ { - x } }P(x)=1+5.25(1.05)−x91​

The Following Graph Shows the Actual Percentage of U $P ( x ) = \frac { 91 } { 1 + 5.25 ( 1.05 ) ^ { - x } }$